We are making a rising wedge that is unsustainable, still higher prices look feasible into Monday, even as high as 3262/63 SPX. The next Bradley is due Jan 8 and by that date a 7.8% drop looks forthcoming. I see down 20% into the equinox of March 20th.
Bradley Turn and Jupiter/Saturn Top Due DEC 30
#3
Posted 27 December 2019 - 02:53 PM
Markets up almost 28% in one year, lock in some gains Jan. 2, then more down with incresed volatility as they start winding down those short volatility trades, and there should be plenty of action then. 8th or thereabouts should be a bounce. (JMHO)
#4
Posted 27 December 2019 - 03:19 PM
I'm looking for a possible 3266/67 SPX Monday and I am long. Jan 6-8 looks hard down to me.
#5
Posted 27 December 2019 - 03:48 PM
Long? WowI'm looking for a possible 3266/67 SPX Monday and I am long. Jan 6-8 looks hard down to me.
#6
Posted 27 December 2019 - 04:05 PM
Blu -
you have been calling for that 7 % down for months now
yes we are in a parabic top which will unwind at some point as you say
the exact point that it breaks cant be predicated right now but I suspect that if inflation kicks in there will be worries about the feds next move that will crash the market
#7
Posted 27 December 2019 - 04:16 PM
How poetic the mega 10 year bull tops right on the solar eclipse ! wow
https://www.google.c...chrome&ie=UTF-8
#8
Posted 28 December 2019 - 05:15 AM
Blustar, you mentioned an 8th of January 2020 Bradley Siderograph date in your note. The web sites that I have seen show the first Bradley major date in 2020 as March 17th. I would appreciate it if you could point me to a site which shows the minor turn dates as well.
Regards,
Douglas
#9
Posted 28 December 2019 - 11:03 AM
#10
Posted 28 December 2019 - 12:16 PM
Yes Blu keeps making these big move down calls for months which have not happened. And now says he is long? No wonder he offers cheaper and cheaper specials on his subscriptions.
Yep, to be long at the end of the move (ST may be, or could be longer term) needs some brain.