Thanks again to Mike Korell who has posted the "BP" portion of his daily chart forecasts (shown below), at his Daily Charts webpage, http://www.chartsedge.com/wp/, for today's equities market action. Remember that these are more predictive when these also look similar to his Pattern Recognition daily chart (when available - as it is today at his subscriber site - and which does have a high confidence number today), 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 higher level than yesterday's high, or just a lower high, and whether it leads equities to drop low enough later today or Wednesday in order to get the US dollar index up to the 80.80 symmetry target.
=============
No comments:
Post a Comment