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Daily Minute with Mike Paulenoff for October 20
http://www.tigersharktrading.com/articles/1641/1/Daily-Minute-with-Mike-Paulenoff-for-October-20/Page1.html
By Mike Paulenoff
Published on 10/20/2005
 
Mike Paulenoff writes that crude oil prices have plunged nearly $2 a barrel, and have broken to new corrective lows.

Daily Minute with Mike Paulenoff for October 20

 

Crude oil prices have plunged nearly $2/bbl, and have broken to new corrective lows, which should or could become very supportive for equity prices.  Have a look at my intermediate-term chart analytics of nearest crude oil futures.

MJP 10/19/05

 

 

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.