27 replies to this topic

[cycletimer]

I have been studying cycles for decades and Blustar, cycles don’t change.  There an be inversions on rare occasions but they only seem to happen when I got the direction of the the wrong in the first place.  All due respect here, if you reduced or all out eliminated 50% of what your follow on a daily basis, your accuracy would improve. My approach to cyclic analysis has always been to keep it simple.  If all a trader did was follow the Fibonacci time sequence, he’d do very well in-his intermediate term trading.  That’s 90% of my cycles analysis though I do pay attention to the Bradley Indicator but only as a validation to what I’m already looking at.

[12SPX]

Yes think that's the problem.  I find it confusing and I do day trades lol, so throwing in between trades gets me confused!!  If you have a bradley chart please put it up haven't seen one in a while!!  

[qqqqtrdr]

A lot of cross current in my charts.    We are overbought on the short term, and put/call ratios confirms a medium term pullback, but Trends charts are strong, and we are not extremely overbought yet on the # of issues over 20, 50, and 200-day MA.    I think we trade in a tight range for 2 to 4 weeks then shoot higher.

[blustar]

Today Hit the Lower B Band Boundary at 4527, Breaking Through Mid Band Support at 4548 SPX. Cycle Sees a Possible 16+1 TD low matched with 4/8 TD Low Today.

 

Measures with the 2019 October Low to the February 2020 top sees a possible Thursday/Friday Top Next Week. A 4 TD low is possible on the 26th of July next week which could measure as a matching 21 TD low, same as June 26. Look for highs on Monday then Thursday/Friday next week.

 

The Astro time projection is for a July 21 turn +/- 1 week.
 

 

 

Brad Gudgeon

Editor,

BluStar Market Insights

[12SPX]

See and now its changed to a different day doesn't make sense, why can't you stick with the original call of a -15% decline into July 21st-24th and leave it at that.  As far as I know the planetary alignments don't change.

[12SPX]

I'm trying to figure out this type of trading btw if I could follow it or not....

[andr99]

relax 12SPX.....we will go on listening to market top calls for the next year and a half....then when the top calls are over and the last bear has turned bullish, the market will be ready to drop. I have noticed that in the past and it will repeat in the future. 

Edited by andr99, 20 July 2023 - 04:16 PM.

[12SPX]

Haha don't really care just trying to figure out this astro thing cause it shouldn't change like that in my view..  All I know is if the market does fall -15% by the 24th I better not read on here it was a good call bahahaha!!! 

[cycletimer]

relax 12SPX.....we will go on listening to market top calls for the next year and a half....then when the top calls are over and the last bear has turned bullish, the market will be ready to drop. I have noticed that in the past and it will repeat in the future.

Amen, LOL

[cycletimer]

***Let me take a stab at calling a LOW…. I’m projecting a low August 11/14th. That’s a Friday/Monday. I don’t make predictions for the extent of drop like BLUSTAR does. There’s no way of predicting a 10% or 15% drop. Heck, if you’re in a leveraged instrument, even a 5-6% drop (more realistic drop after this big run) will be profitable.
For the record, I was (and still am) long $HDGE & $SDS) coming into today. I also held $QID but exited that midday today. I am not extremely bearish but I am of the belief that we are topping in here. Look for a turn Aug 11/14th.