Sunday, May 8, 2016

ChartsEdge cycles-based forecast for $SPX the week of 5/9/2016

Mike who runs ChartsEdge.com uses different techniques; here is just his cycles-based forecast for the S&P 500 index $SPX stocks this week.  This is an interesting composite of what his system sees based on juxtaposition of long-term and shorter-term cycles (thanks again Mike!). His subscribers also receive his daily intraday sensor-based projections, and his week-ahead cycles forecasts for $NDX (which can be different) and Gold, plus month-ahead and quarter-ahead views for all three; plus additional features from time to time. His website is ChartsEdge.com. Totally un-affiliated with ChartLines; I just have the opportunity to share the $SPX weekly here. These are mainly a guide for highs and lows, not necessarily absolute price levels. Mike also uses other methods to generate daily updates, plus month- and quarter-ahead guidance, reserved for subscribers (I believe you're missing out if you don't see the subscribers features for a very reasonable fee). ChartsEdge incorporates computer-analyzed cycles, pattern recognition, data on solar cycles, and geomagnetics.
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