Sunday, April 5, 2009

Forecasts for this week in the S&P 500 and Nasdaq equities indices, and for gold, from ChartsEdge cycles analysis

Here are the ChartsEdge cycles forecasts for the upcoming week in the S&P 500 index, the Nasdaq equities market, and gold. Their cycles forecasts indicate the coming high and low points on the charts, and you can see that the equities market strength in this rally has continued to lift the "skew" of their forecasts toward the upside, showing a probable continuation of the rally for this upcoming week. You can also see that the weakness in gold is expected to continue from a cyclic perspective. (Their website is included in the "other sites of interest" at right side of this page, and their longer-term forecasts are available by subscription.)

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