Sunday, April 22, 2012

ChartsEdge 4/23/12 week forecasts for stocks & gold

May be time for weakness after opex to drop into a low around the 27th (what I call "monthly fund manager's special")? We'll see. Here's this week's set of cycle-based forecasts from ChartsEdge (thanks again, Mike Korell!). These are mainly a guide for highs and lows, not necessarily absolute price levels. Mike also uses other methods to generate daily & weekly forecasts, plus month- and quarter-ahead guidance, reserved for subscribers. ChartsEdge incorporates computer-analyzed cycles, pattern recognition, data on solar cycles, geocosmics and geomagnetics.

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