Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.


Monday February 23rd, 2004

by Mike Paulenoff www.MPTrader.com
Significant Bottom or Oversold Relief Rally?
By Mike Paulenoff, MPTrader.com

The economic data -- the confidence figures -- came out at 10 o'clock Eastern this morning and were disappointing, and proceeded to press both the E-mini indices to marginal new lows for the move which started last week.

The E-mini S&P got to a low of 1134

Take Advantage Of Our Free
7-Day Trial, $7/Month Offer!
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!