Sunday, January 29, 2012
ChartsEdge 1/30/12 week forecasts for equities and gold
It's too soon to know if we'll see "a top" this week in the stock market, but we may get a pattern that could be a precursor - anyway, below are Mike Korell's ChartsEdge cycle-based forecasts for equity indices and gold (thanks again, Mike!). 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.