Still no selling pressure to speak of in the S&P e-mini after its most recent 4-day vertical advance from 1229.25 to 1268.25.  Today's "Tuesday" trading is unlikely to result in a "turnaround," however, I would not be surprised to see a bit more of a pullback into the 1250-1245 support zone ahead of the "Thanksgiving Thrust" to new highs targeted at 1268 to 1271.

MJP 11/22/05

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.