ChartsEdge Pattern Recognition Chart for 10/1 stock market movements

If you're a relatively recent visitor then you may not realize that Mike Korell (who operates the entirely separate market forecasting service, ChartsEdge) uses a variety of methods and publishes different types of market forecasts. One type is a fascinating prediction of intraday market movement utilizing beta particles (yes, it's true!). Another incorporates computer-aided analysis of market patterns to generate a probable "Pattern Recognition" path for the day or week ahead. You can learn more (and even subscribe in order to get more of his work) by visiting his main ChartsEdge.com site, as well as his public daily webpage at http://www.chartsedge.com/wp/

Below is what you'll see at his public daily webpage this morning (thanks again Mike for giving us license to share it here!):

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ChartsEdge Pattern Recognition Oct01

Posted: October 1st, 2010 | Author: Mike Korell | Filed under: One-Day Market Map | No Comments »

This is a test of a new technique for creating the PR chart.

Pattern Recognition for Oct01