Friday, August 27, 2010

ChartsEdge forecast commentary Friday, August 27

Up, up and away in my new balloon? It wasn't that easy yesterday, and even if we get a good move up today it feels like there are headwinds (more about that to come in a post about the September effect being usually bearish, from Chart of the Day, later today). Besides, $SPX 1070 or even 1084 just doesn't seem like such a great high target, does it?! But if it's up short-term then those are levels we'll be "hoping for". Now let's take a look at what Mike Korell is sharing today at his ChartsEdge page at

ChartsEdge Forecast Commentary Friday August 27

Posted: August 27th, 2010 | Author: Mike Korell | Filed under: One-Day Market Map | No Comments »

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