Monday, July 6, 2009

Low for the week already in? Chartsedge Equities Forecasts comment changing this week's forecast

Chartsedge has issued comments changing their forecast.  I wonder if this will fit more closely with Andre's work - and suggest a shift in how I'm viewing the short-term Elliott Wave count ..,  anyway it's a BIG change so read on:

Begin forwarded message:

From: Mike Korell
Date: July 6, 2009 9:24:42 PM EDT
Subject: Chartsedge Forecasts  comment

Charts for week of Jul06, 2009

There is a substantial 2-day shift in the one week chart of the S&P 500 and Nasdaq.  

The Daily Market Map charts will show a low today (Monday), a high for the week late on Thursday, and a selloff on Friday.

This change was significant enough to send out a mid-week note.

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