Sunday, November 6, 2011

ChartsEdge 11/7/11 week forecasts for equities and gold

Whew, last week's forecast from ChartsEdge turned out to have the upward push from early week, working with a lower low. But the push up was sharp too. Personally I think we're dealing with zigzags. Anyway, below are their 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.

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