Well it's certainly become clear that great dip-buying opportunities don't necessarily come on Mondays! Plus now, swing traders will have to see if Thursday's high is a short-term lid on the stock market. Many swing traders will view a move under the Thursday-Friday lows as a trigger to sell short on a swing basis ... But there's also a holiday (Thanksgiving) coming on Thursday and many analysts are looking at whether that'll be bullish or bearish. I've seen good analysts split on that question, so let's be careful. Below are the week-ahead cycle-based forecasts from his ChartsEdge - thanks again Mike! Do you realize he incorporates fascinating and proven data on solar cycles, geocosmics and geomagnetics? The ChartsEdge forecasts come in several styles for subscribers; these are simply cycle-based maps to be used as one guide, not necessarily a standalone single method - that's why we refer to several good methods. However, Mike's ChartsEdge's daily (intraday for subscribers) and week-ahead forecasts more often than not give a very good sense about the relative lows and highs to come. (He's also generating different forecasts with different methods in order to help subscribers gain higher degrees of accuracy). There's additional info on that at his website, and some is also at my "UBTNB3" blog. So here's what his basic cycles set showing for this week:
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