Mid-Day Minute with Mike Paulenoff

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By Mike Paulenoff | Published 04/7/2005 | Futures , Stocks | Unrated

Mid-Day Minute with Mike Paulenoff

For today's Mid-Day Minute, Mike writes: Oil prices have broken key support, and have plunged to $54.00 on the way to my next target of $53-$52/bbl. At the same time, the E-mini June S&P has popped above key resistance at 1193-1193.50 on the way to 1196-1197 next target zone.

MJP 4/07/05 1 PM ET 1194.00

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.

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