I cant seem to get that chart uploaded right now.....maybe the experts can do it. But you have see the drop it shows after mid August. It makes the current pullback look like a picnic....
That Bradley chart
Started by
LMF
, Feb 28 2020 09:31 AM
4 replies to this topic
#2
Russ
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Posted 28 February 2020 - 11:54 AM
Here it is and it seems in agreement with my projection for an spx low in april...
Edited by Russ, 28 February 2020 - 11:58 AM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
linrom1
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Posted 28 February 2020 - 12:05 PM
Here it is and it seems in agreement with my projection for an spx low in april
...
Russ, doesn't Bradley often invert and does the slope mean anything ie. that huge plunge in Aug to Dec? Does your work show the same plunge in August?
#4
Russ
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Posted 28 February 2020 - 12:36 PM
Here it is and it seems in agreement with my projection for an spx low in april
Russ, doesn't Bradley often invert and does the slope mean anything ie. that huge plunge in Aug to Dec? Does your work show the same plunge in August?
You may be right Linrom1, I don't recall if it inverts often, I haven't followed it for a long time. At this time I don't have any signals for the stock market this summer other than the buy signal for probably the first or second week of April. There is a possible big low for Oct. 2021 showing on the NYA.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#5
12SPX
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Posted 28 February 2020 - 12:55 PM
Thats a very interesting chart, looks like its working this year. Other years its the inverse. Is the chart and date a little off though as I'm thinking the last blip down before a slight move up would be today then down again?
Looks like the bull and bears are fighting again though to see who is gonna win the day. Can't see a positive close although the Nasdaq held it for a moment but you never know I guess. Although I think this whole virus thing is something thats been set up because its not killing everyone, I wonder if people are getting worried that the recovery rate is going to skyrocket this weekend, I'm noticing its picking up every day!!!!
