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Mid-Day Minute with Mike Paulenoff
By Mike Paulenoff | Published  10/7/2005 | Stocks | Unrated
Mid-Day Minute with Mike Paulenoff

 

After four days of intense volatility, today the equity markets have a case of the blahs, which from my perspective is a big negative given the oversold condition that supposedly was generated Monday through Thursday.  In any case, let's see what the hourly chart looks like in the Q's after a couple of hours of trading.

MJP 10/07/05

 

 

Mike Paulenoff is a 25-year veteran of the financial markets and author of MPTrader.com, a real-time diary of his E-mini S&P and QQQQ technical analysis and trading alerts. For more of Mike Paulenoff, sign up for a FREE 30-Day Trial to his E-Mini/Index Futures diary, or try his QQQ Trading Diary.