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Bradley: " 26th would fit better seasonally as a low"


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#1 Rogerdodger

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Posted 25 November 2015 - 09:54 AM

The print low was early on the 16th; Bradley has the 18th and 26th as turns.
I sold my UXVY at the open on the 16th for 45% gain in 3 days.
I had been hoping for a big gap up but could see what was likely a market bottom basec on Friday's MCO tightness.

YIKES! Thanksgiving may be the bottom. Seasonal pattern: December's year end rally

Bradley has the 18th and 26th as turns.
Based on seasonal patterns, I'd guess the 18th may be final capitulation, followed by consolidation then a post Thanksgiving (26th) recovery.
Pre-thanksgiving day is usually a half day, low volume affair.

PS: Don't forget to allow for a 3 day Bradley window on either side. BAHAHAHA
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The 26th would fit better seasonally as a low.
But seasonality only paints an overall pattern based on historical statistics.
When we get way oversold earlier than "normal", that needs consideration.
Likewise other reliable TA should not be ignored.
Bradley?


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Edited by Rogerdodger, 25 November 2015 - 09:58 AM.


#2 dasein

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Posted 25 November 2015 - 10:45 AM

day after TG is usually down I believe
best,
klh

#3 Rogerdodger

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Posted 25 November 2015 - 07:46 PM

Stock Trader's Almanac: Wall Street's Only Free Lunch.
Wall Street's Only Free Lunch.
"Investors tend to get rid of their losers near year-end for tax purposes...stocks selling at their lows on December 15th will usually outperform the markets by February 15.
This strategy is only an extremely short-term...sell any quick generous gains, as these issues can be real dogs.

Edited by Rogerdodger, 25 November 2015 - 07:47 PM.