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Weekly Dow Projections:

For the week of...
March 8th, 2010:

Dow Projections:

First, we will repeat our 21 day cycle projection, and the reason hitting a market top of 10,746 is a critical juncture:

These are all support lines around a 10% Fibonnaci retracement from 10,746

9667

9750
Both support lines above are deep bottoms, that would show more root negative, and longer downturn.

9841
We held here at the last downturn, and quickly moved back above 10,000

9950

These are the resistance llnes if the market holds at a 10% retracement

10,050-10,127

10,267

10,350-10,437
The market has been struggling in this range, with whipsaw to the 10,127 area occurring repeatedly.

10,604-next resistance top

10.746- Market Resistance Strong Top

Second, here's our projections over the next five day period, using our longer term projections:

10,127-10,267-Possible Market bottoms

10,604-10,746-Possible Market tops

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Trade Signal Detail

For the week of...
March 8th, 2010:

There are lots of charts in this detailed view so it will be easier to read/print it as an Acrobat pdf file. Click Here to download.

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Floyd

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