Sunday, July 1, 2012

ChartsEdge 7/2/12 week cycle forecasts for equities & gold

The move up may be maintained with new-month new money, into the Independence Day holiday? That's my comment - see the cycle-based forecast charts below from ChartsEdge for this week in US stock indices and gold (thanks again, Mike Korell!). These forecasts comprise an integrated view of cycles in this time frame. 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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