Sunday, December 4, 2011

ChartsEdge 12/5/11 week forecasts for equities and gold

With the markets feeling like a tug-o'-war at the 200-dma line, traders may benefit from seeing this week's cycle-based forecasts from ChartsEdge for equities indices and gold (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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