At the very least, my near-term work in the MACROshares Oil Down Tradeable Shares (AMEX: DCR) is warning me that the Jan-Mar decline from near 15.00 to 8.00 is complete, and that a recovery rally period has started that should carry to a minimum of 10.00/30. Only a resumption of weakness that violates 8.00 will invalidate my current outlook, which will imply that crude oil prices are roaring again.

By Mike Paulenoff

Mike Paulenoff is author of the MPTrader.com (www.mptrader.com) , a real-time diary of Mike Paulenoff's trading ideas and technical chart analysis of Exchange Traded Funds (ETFs) that track equity indices, metals, energy commodities, currencies, Treasuries, and other markets. It is for traders with a 3-30 day time horizon, who use the service for guidance on both specific trades as well as general market direction

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