Market Analysis for Apr 28th, 2004

Latter Stages of Pullback
By Mike Paulenoff,

As it turns out, yesterday afternoon's geopolitical event that shocked the market more or less triggered a sell-off that extended into today's action. In fact, the E-minis took out Monday's critical lows -- critical in the micro sense -- at 1131 using the E-mini June S&P, and the follow-through from that took the E-mini June S&P to a low of 1122

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