ChartsEdge week-ahead cycle forecasts + comments; for equities and gold, week of Feb. 15

Below are the week-ahead cycle-based forecasts from ChartsEdge. And thanks again to Mike Korell, who's the fellow doing ChartsEdge - and has also provided some additional comments at his ChartsEdge Daily Maps page (link with his comment below) about what his various indicators are showing (based on his Trader Confidence Index, BP and other cycle-based charting). His comment about the longer-term view focuses on equities and not really gold (though one might speculate a loose correlation - that's how I'm tending to think for the near-term myself, and then probable disconnect sometime by May - will see!). As for the comment about the TCI - well, readers know I'd thought out loud about the possibility of a low there, and if you were also referencing Terry Laundry's T Theory as I mention from time to time you already knew that test of his lower band at SPX 1044/1046 was going to produce some noticeable reaction, as it did. So as always, I think it's good to keep an eye on all around; and all the ChartsEdge inputs are very appreciated.

Anyway, here's what Mike Korell is saying and showing this weekend:
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Comment by Mike Korell / ChartsEdge:

US Markets will be closed on Monday. The Long-Term BP chart shows a trend lower into mid-week, and then a rally into Friday. The same pattern is apparent in the cycle charts.

There was a missed signal by the TCI on Feb 8th. This weak signal resulted in a very shallow rally into the 12th.

Another signal occurred on the 12th indicating a HIGH. That is in line with the other charts mentioned above.