Sunday, November 13, 2011
ChartsEdge 11/14/11 week forecasts for equities and gold
This week's forecast from ChartsEdge suggests a positive bias into the monthly options expiration, which is a common enough phenomenon that traders may already be gearing up for. Below you'll see ChartsEdge's weekly cycle-based forecasts for equities indices and gold this week (thanks again, Mike Korell!). These are mainly a guide for highs and lows, not necessarily absolute price levels. Their month- and quarter-ahead guidance, along with daily forecast charts, are reserved for subscribers. ChartsEdge incorporates computer-analyzed cycles, pattern recognition, data on solar cycles, geocosmics and geomagnetics.