Now, my own comments on these weekly cycle forecasts from ChartsEdge - the "kink" thrown into the ChartsEdge forecasts approximately March 18 seems to continue having its upside effect. [And, the corrected forecast doesn't look very different from the original - it's the starting and ending prices along the "x" axis, that are now lower.] So personally, I'm keeping an open mind whether that just remains in effect, or whether it might become subject to another supervening effect at some time. If so, then I'll be looking to the types of factors described and discussed in the other posts and contributions posted here this morning. The ChartsEdge forecasts are based upon correlating investment/trading cycles of differing lengths, more often than not "working" remarkably well, and is explained both at my "trading education" No Bull, No Bear, No Bias site (link at right) and of course at the ChartsEdge site always included in the sites list at right side of the page here.
The "buy on Monday" crowd that I mentioned have done well during the rally (including last week! in an unusual departure from the ChartsEdge forecast), maybe they do well again this week or maybe they need to buy on Tuesday, if this week's forecast plays out. [In case anyone doesn't know, this refers to a simple style of swing trading that buys on Monday and holds through Thursday or maybe Friday. I've read that it works often enough, so that swing traders who use it just need to use good entry and exit techniques and stop loss protection for when it doesn't work.]
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