Here are the week-ahead cycle-based forecasts from ChartsEdge for the upcoming week of December 21. As they remind us from time to time, these primarily depict timing and not necessarily relative price highs and lows. These forecast charts also gain more predictive strength when similar moves are indicated by ChartsEdge's daily BP maps and Pattern Recognition charts (both of which are available daily before the open at ChartsEdge's subscriber site). More information on how they generate these cycle-based forecasts is available from the ChartsEdge site (link above and in list at right), much of which I've also placed at my NB3 education site (link at right). Recently they also show a TCI - Trader Confidence Index - with daily tracking to indicate when a high or low is likely to occur with the next couple of trading days. Their TCI most recently showed a high, which seems to have occurred, and we're probably looking for a low.
So, here are their week-ahead cycle forecast charts for equities and gold:
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