Sunday, July 19, 2009

Forecasts for the week ahead in (U.S.) equities and gold, based on market cycles: from ChartsEdge

The cycle-based forecasts for the week ahead in equities and gold, from Chartsedge (link always in the list at right), are below. If you don't have experience with these, you can look for more information at my No Bull, No Bear, No Bias 'trading education' site (see link at right). Remember in all events, if by the second day of the week it starts to look "off" or like it isn't working, then just stop using it for reference. Or, if you still want to look at it if that happens, then just consider it for timing of possible highs/lows, but not for price levels. (Same comment goes for their daily maps, if it starts to look "off" by the 2nd hour of the trading day.)
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