We like to consider cycles that may help lift or pull down on stock prices. Here's my usual sharing of Mike's ChartsEdge.com cycles-based forecast for the upcoming week. 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 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 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.
=============
Posts
No comments:
Post a Comment