4 replies to this topic

[nicolasillo]

It just gives turning points and not bottoms(lows) and tops(hihgs)

Edited by nicolasillo, 12 October 2007 - 04:20 AM.

[arbman]

Bradley does not seem to fully explain all of the trading cycles. It is missing most of the Hurst harmonics. Your charts are also slightly different from the other services.

There is a cascade risk to decline to 1480s if the 1540 is taken with momentum tomorrow, I doubt it. Otherwise, I would be a buyer for another rally. There is now a rotation out of tech and it is a chance that the market is entering into a pause zone until Nov.

So, there will be probably a post opex adjustment and a retest of the lows, especially if the markets rally next week. The cycle periods are still slightly getting longer around 53-54 days for the 10 wk cycle. So, I expect the time lows to come early next week or so.

[relax]

turning points do not exclude highs or lows

[Wombat]

Looks like the Bradley missed the July peak. I wonder if it's as useful these days.

[gannman]

thanks for that much appreciated gann