Thursday, December 24, 2009

ChartsEdge equities view ahead through holidays into early January

Kringle? Well, maybe not, but Korell - Mike Korell, that is! He's providing a swing view ahead for equities through the rest of the holiday season and into early January. As follows, from his site at http://www.chartsedge.com/wp/
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Long-Term BP chart

Posted: December 24th, 2009 | Author: Mike Korell | Filed under:One-Day Market Map | No Comments »

The daily charts are of limited value during a holiday week, but the longer-term BP chart should be a good indicator of how things should play out during the next several weeks. The 'near signal' on the TCI yesterday was probably due to the small 1-day drop shown on the chart below.

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