Folks - welcome once again to my new site under the "ChartLines" name - still dedicated to unbiased trading, but for a combination of reasons I wanted to move to another name and settled on this one. Thanks to all of you who are visiting this site. And of course thanks again to Mike Korell who allows me to share his unique ChartsEdge work here. Here's his Pattern Recognition map for today, along with a comment he is providing about his cycles analysis. This is from his ChartsEdge Daily Maps site at http://www.chartsedge.com/wp/ (always in the sites list at right)::
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ChartsEdge Comment on inversion
Posted: February 24th, 2010 | Author: Mike Korell |Filed under:One-Day Market Map | No Comments »
Most cycle analysis is subject to inversion. Recent observation indicates that the cycle charts and BP charts experience this problem for several days after 90% of new moon and 90% of full moon. Tomorrow the lunar cycle crosses through 90% of full moon. The Pattern Recognition and TCI charts are unaffected by this phenomena since they do not rely on any kind of cycle calculations.
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