Thursday, August 19, 2010

Market selloff warnings added to by Terry Laundry's T Theory™, plus ChartsEdge adds new feature for gold traders

Be sure to keep up with Terry Laundry's T Theory™ Foundation: T Theory™ Daily Updates, Forecasts, Charts and Data. He is saying the rally from March 2009 will peak out over the next 6 trading days - if it gets past the 1090 pivot then it can have a shot at 1130-1140 by end August. And all downhill after August. Not a guarantee we get past the 1090 pivot [edit-thanks for the comment correcting this from 1190 to 1090!!], by the way!

Listen to his audio and look at his chart, at his Wednesday update page (updated 8/18/2010)

And Mike Korell of ChartsEdge has not only repeated that we could see a selloff start sooner (even perhaps today, so stay alert); but he's also given a new reason to subscribe to his work - below is his new week-ahead view of gold posted last weekend at his subscriber site:

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