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	<title>The Wall Street Examiner &#187; Resistance</title>
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	<description>Be prepared. Stay ahead of the herd.</description>
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		<title>Market&#8217;s Intermediate Cycle Projection Now 1470</title>
		<link>http://wallstreetexaminer.com/2012/02/09/markets-intermediate-cycle-projection-now-1470/</link>
		<comments>http://wallstreetexaminer.com/2012/02/09/markets-intermediate-cycle-projection-now-1470/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 03:01:31 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Professional Edition]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=72670</guid>
		<description><![CDATA[I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is now 1470 and the 13 week cycle projection stays at 1390 today. Remember when the market did fluctuate? Yes, those were the good old days. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don&#8217;t find the information useful, I will give you a full refund. It&#8217;s that simple. Click here to become a member and get instant access to the current report and all past reports. See the full sized chart with a complete explanation and analysis and get daily updates on the 4 week, 6-7 week, 13 week, and 6 month cycle projections in the Wall Street Examiner Professional Edition Daily Market Update. In addition you get multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates, in essence, a roadmap to guide your trading, daily in the Wall Street Examiner Professional Edition Daily Market Update. 3 month subscription to the Wall Street Examiner Professional Editon Stocks Package, renews automatically unless canceled. [...]]]></description>
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		<title>2 Day Cycle Target of 1352-53 Hit On Open, Market Tries For More</title>
		<link>http://wallstreetexaminer.com/2012/02/09/2-day-cycle-target-of-1352-53-hit-on-open-market-tries-for-more/</link>
		<comments>http://wallstreetexaminer.com/2012/02/09/2-day-cycle-target-of-1352-53-hit-on-open-market-tries-for-more/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 14:50:12 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Day Trading]]></category>
		<category><![CDATA[Today's Markets]]></category>
		<category><![CDATA[Trading and Technical Analysis]]></category>
		<category><![CDATA[1349]]></category>
		<category><![CDATA[Centerline]]></category>
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		<category><![CDATA[Congestion]]></category>
		<category><![CDATA[Cyan Lines]]></category>
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		<category><![CDATA[Entertainment Purposes]]></category>
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		<category><![CDATA[Pullback]]></category>
		<category><![CDATA[Rally Mode]]></category>
		<category><![CDATA[Random Noise]]></category>
		<category><![CDATA[Resistance]]></category>
		<category><![CDATA[Significant Impact]]></category>
		<category><![CDATA[Sp Futures]]></category>
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		<category><![CDATA[Target]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=72582</guid>
		<description><![CDATA[SP futures (or ES electronic mini S&#38;P) traded flat through most of the night, then went into rally mode at 7 AM NY time, topping out on release of the weekly unemployment claims, which beat expectations. The futures have since been walking sideways, just above the converged 2 and 5 day cycle centerlines, which are also walking sideways at approximately 1346. That level should be support. The next support level would be around 1335. Resistance is around 1357. 2 day cycle indicators are on the buy side, but at risk of edging to the sell side if the pullback in NY&#8217;s opening minutes is not arrested. Here&#8217;s a look at the Spoos 30 minute bar chart (time stamp in upper right corner). Blue lines represent the nominal 5 day cycle. Red lines represent the nominal 2 day cycle. The first oscillator represents the 5 day cycles. The 3 lower oscillators represent the 2 day cycle. Cycles vary in length and are not the sole component of price action. Outside influences and random noise may have a significant impact at any time, often unpredictable. These charts and their interpretation are meant for educational, informational, and entertainment purposes only and are subject [...]]]></description>
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		</item>
		<item>
		<title>10-12 Month Cycle Draws a Bead on 1460</title>
		<link>http://wallstreetexaminer.com/2012/02/08/10-12-month-cycle-draws-a-bead-on-1460/</link>
		<comments>http://wallstreetexaminer.com/2012/02/08/10-12-month-cycle-draws-a-bead-on-1460/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 01:47:47 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Professional Edition]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=72541</guid>
		<description><![CDATA[The market continues its slow drift higher toward a 13 week cycle projection of 1390 and 6 month and 10-12 month cycle projections of 1450 and 1460 respectively. Both the 13 week and 6 month cycles are way overdue for corrections time wise, but the 10-12 month cycle up phase is still in the driver&#8217;s seat for now. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don&#8217;t find the information useful, I will give you a full refund. It&#8217;s that simple. Click here to become a member and get instant access to the current report and all past reports. See the full sized chart with a complete explanation and analysis and get daily updates on the 4 week, 6-7 week, 13 week, and 6 month cycle projections in the Wall Street Examiner Professional Edition Daily Market Update. In addition you get multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates, in essence, a roadmap to guide your trading, daily in the Wall Street Examiner Professional Edition Daily Market Update. 3 month subscription to the Wall Street [...]]]></description>
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		<title>SPX Tentative Target Today, 1360 or Bust</title>
		<link>http://wallstreetexaminer.com/2012/02/08/spx-tentative-target-today-1360-or-bust/</link>
		<comments>http://wallstreetexaminer.com/2012/02/08/spx-tentative-target-today-1360-or-bust/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 14:50:44 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Day Trading]]></category>
		<category><![CDATA[Today's Markets]]></category>
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		<category><![CDATA[Amp]]></category>
		<category><![CDATA[Bust]]></category>
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		<category><![CDATA[Oscillator]]></category>
		<category><![CDATA[Racing Fans]]></category>
		<category><![CDATA[Random Noise]]></category>
		<category><![CDATA[Resistance]]></category>
		<category><![CDATA[Significant Impact]]></category>
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		<category><![CDATA[Tentative Target]]></category>
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		<category><![CDATA[Yesterday Afternoon]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=72469</guid>
		<description><![CDATA[The SP futures (or ES electronic mini S&#38;P) have been drifting sideways since yesterday afternoon. Where have I heard that before? This is getting old. However, the trend continues to be ever so slightly to the upside, with the 5 day cycle oscillator staying pinned in positive territory for days on end. The 2 day cycle centerline has risen to meet the current price around 1344. The 5 day cycle centerline is coming up just below that at about 1342. That should be support. If it breaks, the next support is suggested at about 1334. The 2 day cycle oscillators indicated that a down phase has been under way since about 4 AM. So far, it has done no damage, which suggests that the next up phase could show some pop. If they get past the pivot high around 1348, they could run to the next resistance area around 1356. Here&#8217;s a look at the Spoos 30 minute bar chart (time stamp in upper right corner). Blue lines represent the nominal 5 day cycle. Red lines represent the nominal 2 day cycle. The first oscillator represents the 5 day cycles. The 3 lower oscillators represent the 2 day cycle. Cycles [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>SPX Update: Indecision 2012</title>
		<link>http://wallstreetexaminer.com/2012/02/07/spx-update-indecision-2012/</link>
		<comments>http://wallstreetexaminer.com/2012/02/07/spx-update-indecision-2012/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 10:59:00 +0000</pubDate>
		<dc:creator>Pretzel Logic</dc:creator>
				<category><![CDATA[Pretzel Logic E Wave Analysis and Market Commentary]]></category>
		<category><![CDATA[Today's Markets]]></category>
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		<category><![CDATA[Dragonfly]]></category>
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		<category><![CDATA[Half The Time]]></category>
		<category><![CDATA[Indecision]]></category>
		<category><![CDATA[Lows]]></category>
		<category><![CDATA[Material Change]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?guid=db7c80f05a17322001aef7ae431d9d87</guid>
		<description><![CDATA[No material change in the counts since yesterday.&#160; The S&#38;P 500 (SPX) daily chart shows another indecision candlestick: in this case a dragonfly doji.&#160;This candlestick foretells of a reversal roughly half the time --&#160;in other words, i...]]></description>
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		<item>
		<title>The Trend Is Your Friend</title>
		<link>http://wallstreetexaminer.com/2012/02/06/the-trend-is-your-friend/</link>
		<comments>http://wallstreetexaminer.com/2012/02/06/the-trend-is-your-friend/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 03:34:56 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Professional Edition]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=72273</guid>
		<description><![CDATA[There’s a reason why old Street hands are so fond of the idea that “the trend is your friend.” Many indicators are mixed or in a borderline state, but until prices break support, the uptrend must be given the benefit of the doubt. While cycle tops are way overdue on the 13 week and 6 month cycles, the 10-12 month cycle up phase is clearly in the driver’s seat. And its projections point higher. Here are the latest price points to look for. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don&#8217;t find the information useful, I will give you a full refund. It&#8217;s that simple. Click here to become a member and get instant access to the current report and all past reports. See the full sized chart with a complete explanation and analysis and get daily updates on the 4 week, 6-7 week, 13 week, and 6 month cycle projections in the Wall Street Examiner Professional Edition Daily Market Update. In addition you get multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates, in [...]]]></description>
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		<title>Dip Buying Reigns Supreme</title>
		<link>http://wallstreetexaminer.com/2012/02/04/dip-buying-reigns-supreme/</link>
		<comments>http://wallstreetexaminer.com/2012/02/04/dip-buying-reigns-supreme/#comments</comments>
		<pubDate>Sat, 04 Feb 2012 18:13:38 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Professional Edition]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=72002</guid>
		<description><![CDATA[The market blasted through minor resistance on Friday, and now faces a test with a band of major resistance at 1350-1360s. The market remains in trending mode. Trend following indicators should be given more weight than cycle indicators for the time being. This report includes the latest price projections. Needless to say, they point higher still. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don&#8217;t find the information useful, I will give you a full refund. It&#8217;s that simple. Click here to become a member and get instant access to the current report and all past reports. See the full sized chart with a complete explanation and analysis and get daily updates on the 4 week, 6-7 week, 13 week, and 6 month cycle projections in the Wall Street Examiner Professional Edition Daily Market Update. In addition you get multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates, in essence, a roadmap to guide your trading, daily in the Wall Street Examiner Professional Edition Daily Market Update. 3 month subscription to the Wall Street Examiner Professional [...]]]></description>
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		<title>Quelle Surprise! Not.</title>
		<link>http://wallstreetexaminer.com/2012/02/03/quelle-surprise-not/</link>
		<comments>http://wallstreetexaminer.com/2012/02/03/quelle-surprise-not/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 14:43:44 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Day Trading]]></category>
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		<category><![CDATA[Bump]]></category>
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		<category><![CDATA[Significant Impact]]></category>
		<category><![CDATA[Sp Futures]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=71898</guid>
		<description><![CDATA[And they&#8217;re off! Anyone following the Wall Street Examiner Professional Edition Treasury updates showing the massive surge in Federal withholding taxes in January would not have been surprised by today&#8217;s jobs report, but most other traders apparently were, as the SPX vaults a dozen points on opening, following a similar surge in the futures at 8:30 when the jobs data was released. As a result of this move the 2 day cycle projection is now around 1345. The 5 day cycle projection is 1351, but first things first, let&#8217;s see if they hit the 2 day cycle target. Channel resistance shows up right here at 1338, and then 1341. They would become support if cleared. On the slight chance that the rally stalls here and gives the finger, the first support would be at the 5 day cycle center line now at 1331. Here&#8217;s the cash SPX chart (time stamp in lower right corner). The SP futures (or ES electronic mini S&#38;P) broke out at 8:30 AM NY time after trading in a narrow range since yesterday after the NY close. Europe gave it a slight bump, but that then fizzled until the payrolls data release. 2 and 5 day [...]]]></description>
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		<title>6 More Weeks of Winter For Bears</title>
		<link>http://wallstreetexaminer.com/2012/02/01/6-more-weeks-of-winter-for-bears/</link>
		<comments>http://wallstreetexaminer.com/2012/02/01/6-more-weeks-of-winter-for-bears/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 02:58:25 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=71709</guid>
		<description><![CDATA[Tuesday is groundhog day. Does that mean we can expect more of the same? The cyclical window for a down turn is fast closing. If the 6-7 week cycle turns up, the uptrend could even accelerate. Projections have moved up to 1370 on a 10-12 month cycle basis, and 1390 on the 13 week cycle. The 6 month cycle projection is now open ended. If the market doesn’t break tomorrow, count on 6 more weeks for bears to hibernate. This report illustrates and explains why. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don&#8217;t find the information useful, I will give you a full refund. It&#8217;s that simple. Click here to become a member and get instant access to the current report and all past reports.  See the full sized chart with a complete explanation and analysis and get daily updates on the 4 week, 6-7 week, 13 week, and 6 month cycle projections in the Wall Street Examiner Professional Edition Daily Market Update. In addition you get multiple time frame cyclical, regression channel, and equal width channel support and resistance chart [...]]]></description>
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		<title>Market Opening Groundhog Day</title>
		<link>http://wallstreetexaminer.com/2012/02/01/market-opening-groundhog-day/</link>
		<comments>http://wallstreetexaminer.com/2012/02/01/market-opening-groundhog-day/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 14:48:18 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Day Trading]]></category>
		<category><![CDATA[Today's Markets]]></category>
		<category><![CDATA[Trading and Technical Analysis]]></category>
		<category><![CDATA[Amp]]></category>
		<category><![CDATA[Cycle Indicators]]></category>
		<category><![CDATA[Entertainment Purposes]]></category>
		<category><![CDATA[Groundhog Day]]></category>
		<category><![CDATA[Oscillator]]></category>
		<category><![CDATA[Price Targets]]></category>
		<category><![CDATA[Rally]]></category>
		<category><![CDATA[Random Noise]]></category>
		<category><![CDATA[Real Time]]></category>
		<category><![CDATA[Rear View Mirror]]></category>
		<category><![CDATA[Resistance]]></category>
		<category><![CDATA[Significant Impact]]></category>
		<category><![CDATA[Sp Futures]]></category>
		<category><![CDATA[Spx]]></category>
		<category><![CDATA[Stool Pigeons]]></category>
		<category><![CDATA[Time Intraday]]></category>
		<category><![CDATA[Time Stamp]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=71605</guid>
		<description><![CDATA[S&#038;P cash surged on the open following yesterday&#8217;s mid afternoon 2 day cycle buy signal. The 5 day cycle indicator has been on the buy side since the middle of the day Monday.The last 2 day cycle projection yesterday of 1316 is now in the rear view mirror. The new projection of 1322 is already done. So is a 3 day cycle projection also of 1322. However, there&#8217;s still a 5 day cycle projection of 1328. An 8 day cycle channel line at 1323 is projected resistance, as is a rising 5 day cycle line at 1326. Support is suggested at a 5 day cycle channel line at 1319 and an 8 day cycle channel line at 1316. Here&#8217;s the cash SPX chart (time stamp in lower right corner). The SP futures (or ES electronic mini S&#38;P) rally peaked at 4:30 AM NY time. It&#8217;s been walking sideways ever since, so the cash market was just catching up. The trend was already finished for 5 hours when NY opened. But the sideways move doesn&#8217;t indicate weakness. 2 and 5 day cycle indicators are still on the buy side. Resistance is indicated at a 2 day cycle channel line around 1320 [...]]]></description>
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