Sunday, February 3, 2013

ChartsEdge 2/4/13 week forecasts for stocks & gold

Happy SuperBowl, and Chinese New Year of the Snake tomorrow! Will we see if new-month new-money combines with Tom McClellan's thoughts about a cycle crest, plus a potential late edge if the Bradley 1/29 turn date (+/- 3 days), to make a top of some level after all? We'll see. For now - Here are Mike Korell's ChartsEdge cycle-based forecasts for the upcoming week in equity indices and gold (thanks again Mike!). These are the cycle-based charts, meaning forecasts comprising 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 updates for intraday, plus month- and quarter-ahead guidance, reserved for subscribers (I believe you're missing out if you don't see the additional forecasting he provides to subscribers for a very reasonable fee). ChartsEdge incorporates computer-analyzed cycles, pattern recognition, data on solar cycles, geocosmics and geomagnetics.

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