Sunday, June 5, 2011

ChartsEdge week-ahead cycle-based forecasts for equities and gold

Here (below) are the cycle-based forecasts for the stock market, and for gold, from Mike Korell's ChartsEdge. I'm not sure if we should read a strong trend into these, or consider these for indicating strong/weak times during trading during this upcoming week - we'll see! While the month- and quarter-ahead guidance, along with day-ahead forecast charts, are reserved for subscribers, the week-ahead set is shared publicly, see below (thanks again, Mike!). ChartsEdge also incorporates data on solar cycles, geocosmics and geomagnetics. Their forecasts come in several types for subscribers using not just computer-analyzed cycles but also beta waves and pattern recognition. There's additional info on that at his website (and some is also at my "UBTNB3" blog), see links above and at the right side of the page here. At the very bottom are ChartsEdge's links for Facebook, etc., as well.
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