The market broke out through major trend resistance today, clearing the way for an immediate move to 1600 and ultimately significantly higher. Time counts suggest the formation of a 6 month and 10-12 month cycle high at any time, but trend and cycle measures show little sign of topping action yet. This report covers near term to long term projections, and trend support and resistance areas to watch.
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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.
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