Wednesday, July 7, 2010

ChartsEdge forecast comments including 7/7

For anyone who hadn't yet clicked on the Chartsedge maps forecast link yesterday, here below is what Mike Korell posted. Today his subscribers see his more particular update just for intraday today. Still, the below overview for this week lines up fine with our ideas of looking for $SPX 1000, and - either this week or early next week - the possibility of around 970 also, before the low of this move is in. Meantime we also know 1042 should act as a lid on the market, and also watch the euro to see if it stays over 120 in the coming days. So ... careful as always, and happy market navigating!

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