ChartsEdge (US equities) map for 8/17

Here's the (US equities) Market Map intraday forecast from ChartsEdge Market Maps. The do use a different methodology to generate these, which you can always read up on at their site or as posted at my NB3 site (both included in the sites listed at right).
So, below are those graphs and the comments provided by Mike Korell of ChartsEdge:
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Market Map and Pattern Recognition chart for Aug17
Posted: August 15th, 2009 | Author: Mike Korell |
Filed under: One-Day Market Map | »

This is the pattern recognition chart for Monday. It indicates the same pattern as the Market Map except there is a gap at the open.
The pattern recognition chart is useful since it can identify likely opening moves. The Market maps are not able to indicate opening gaps. It looks likely that the equity market futures will have higher prices Sunday night and Monday morning.