SPX Daily Chart Showing Bradley Turn Dates 2011-2012

The Bradley turn dates are highlighted for the last year. Note the market inflection points that typically occur on these dates.  The Bradley turn dates for 2012 are 12/28/11, 1/11/12, 1/28/12, 2/16/12, 2/22/12, 3/16/12, 4/11/12, 4/23/12, 6/12/12, 7/28/12, 8/14/12, 8/25/12, 9/30/12, 10/9/12, 11/1/12, 11/14/12, 12/22/12 and 1/20/13. The bold dates are major Bradley turn dates.  The Bradley turns do not predict direction, only that a market inflection point may occur.  Sometimes the moves result in an acceleration move either up or down such as the major turn on 12/28/11 which resulted in a continued upside acceleration move for markets.

The major turn date on 3/16/12 results in nearly calling the market top this year thus far. The major turn on 6/12/12 created a Bradley window, which is +/- seven days each way, from early June to late June, and early June marked the recent market bottom.  Saturday, 7/28/12, was a major Bradley turn and we sit directly in the center of the window right now.  The wild upside market rally late last week, within the Bradley turn window, may be the result of this current major turn which would point to stronger markets moving forward.  Conversely, the spike in the broad indexes prints the current high to start this new week of trading, exactly on top of the actual Bradley turn date.  Thus, the whole week must play out this week before the results of the Bradley turn can be assessed. Perhaps a market top will be identified, although this would fly in the face of all the stimulus talk from central bankers that is creating the market buoyancy.

Note that there are seven more turns remaining in 2012, in five months time, so a wild end to the trading year may be on tap with very choppy markets. Watch the action this week to see how this major Bradley turn resolves itself.  For more information, reference the Bradley Siderograph, Donald Bradley, Peter Eliades and Arch Crawford web sites. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here. Consult your financial advisor before making any investment.