Monday, July 4, 2016

SPX S&P 500 Daily Chart Bradley Siderograph Turns

The chart shows the Bradley turns for this year thus far and tomorrow is a turn date. Markets tend to print inflection points on or within a day or three of the turn dates. More information on the Bradley's can be found at Bradley Siderograph.

The turn dates for this year are;


So the markets may be at an inflection point now as per the Bradley. Usually a trend change occurs (if stocks are moving up they reverse or if they are moving down they begin rallying) but acceleration moves also occur in the same direction. The June turn was like that although an intraday low spike downwards then led to the quick rally from 2080 to 2120. So there is likely some excitement in store this week. 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 decision.

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