Sunday, August 30, 2009

The cycles-based forecast for the week ahead in equities and gold, by ChartsEdge

ChartsEdge has released this weekend's set of forecasts for equities (U.S.) and gold. The free set for the week ahead is below. Subscribers to their service also get the month and three-month sets (been interesting to see, eh?!). We've always got to remember that, like their daily maps (generated using different methodology), they're intended to point to cyclic highs and lows, not necessarily specific price levels. More info on how they're generated is at the ChartsEdge web pages, which I've mostly also posted at my NB3 tools/education blog (links for all these included at right side of the page).

So here's how they're looking for the upcoming week:

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