Sunday, July 10, 2016

ChartsEdge 7/11/16 week cycles forecast for $SPX stocks

Interesting times in the stock market--a good idea to watch levels carefully.  As part of that, many like to consider cycles that may help lift or conversely pull down on prices. So here's my usual sharing of Mike's week-ahead cycles-based forecast.  He uses different techniques; this is only his cycles-based forecast for the S&P 500 stocks index $SPX.  The levels shown are mostly for illustrative purposes only.  His chart is an interesting composite of what his system foresees 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 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 youu 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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