Mike Korell has posted the "BP" portion of his daily chart forecasts (shown below), at his Daily Charts webpage, for tomorrow's equities market action. Remember that these are more predictive when these also look similar to his Pattern Recognition daily chart (when available), and his week-ahead cycle forecasts (use the "ChartsEdge weekly" label to locate here). You can always get the full set by subscribing to his moderately-priced subscription(s), of course. And info on all this is available at his website shown in the lists at right side of the page here.
The intraday movements depicted, begin right about the 9:30 a.m. ET market open. Will be interesting to see whether or not this works off a lower low (hopefully above 1083 SPX), or leaves Tuesday's low behind in order to get on with the tradable bounce we've started looking for.
So here's Mike's chart for tomorrow, from his webpage at http://www.chartsedge.com/wp/
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ChartsEdge Daily Chart
Posted: January 26th, 2010 | Author: Mike Korell |Filed under:One-Day Market Map | No Comments »
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