Sunday, May 8, 2011

ChartsEdge week-ahead cycle-based forecasts for equities and gold

Last weekend one of the clues the markets would turn south came from Mike Korell's ChartsEdge forecasts for the stock market. So we want to see what he's showing this weekend of course! And we'll be alert in case his forecast for gold, below, is a warning for silver too. Below are the week-ahead cycle-based forecasts from Mike Korell's ChartsEdge (thanks again, Mike!). He also considers proven data on solar cycles, geocosmics and geomagnetics. The ChartsEdge forecasts come in several types for subscribers; these shown below are Mike's basic cycle-based maps to be used as one guide. Mike also provides ChartsEdge Daily Maps (intraday for subscribers (daytraders' delight!)), and other week-ahead and months-ahead forecasts using beta waves and pattern recognition to project lows and highs to come over various time frames. There's additional info on that at his website, and some is also at my "UBTNB3" blog. So here's what his basic cycles set shows for this week:
=============

No comments:

Post a Comment