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