Monday, August 23, 2010

ChartsEdge forecast commentary for 8/23 and week

Welcome to the post-opex trade! Where today mops up a bit first, then in the afternoon starts seeking it's direction for the week. We might think there's a reason to look higher finally - last week "should have" but the solar storm or cycles or something took over. I hear today's a Gann day that might be a low, and Thursday 8/26 is a Gann day that could be a high. Well there's plenty to think about. Thanks again to Mike Korell for sharing the below from his site at

ChartsEdge: Week of August 23rd

Posted: August 23rd, 2010 | Author: Mike Korell | Filed under: One-Day Market Map | No Comments »

This week's cycle chart is generally what I expect. Tuesday may turn out to be flatter with some additional rally on Wednesday.

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