Monday, December 2, 2019

SPX S&P 500 Daily Chart Displays Bradley Turn Dates for 2019


The Bradley Siderograph turn dates are always interesting to follow. The models use esoteric inputs to arrive at turn dates give or take a few days. Some years, the Bradley turns can do no wrong and they are dead-on and other years the target dates are unimpressive. This year is a mixed bag. The turn date predicts a change in trend, or, in some cases, a super acceleration in the current trend.

Bradley turn dates for 2019:
1/18/19
6/4/19
8/8/19
10/30/19
11/29/19

The January turn date results in a little top and pullback but the rally is in full gear to the upside; this is not an impressive prediction for a trend change turn but price does rapidly accelerate higher after the turn date. The June turn date is dead-on exactly where a market bottom occurs. That turn date was 100% correct. August was another mixed picture in that sideways choppiness, however, the day and days before price bottomed in early August and that is a long rally into the record tops last week.

The October 30 date was a bust as well since a turn did not occur but instead a rapid acceleration. The turn date is actually correct, however, since it may not only indicate the change in trend but sometimes, a wild acceleration occurs in the current direction. This is what happened at Halloween so the Bradley did call out the wild acceleration move higher.

So that leaves us with the 11/29/19 turn date which was Friday, the shortened trading session after the Thanksgiving holiday, and stocks reported losses of about -0.4% off the top. Today, Monday, 12/2/19, the first trading day of December, we see if the bulls can push to new higher highs, or, if the top is in as per the Bradley and down we go. The acceleration move higher is a possibility as well which makes these first couple trading days of the week uber importante.

S&P futures are up +12. VIX 12.63. During the next few hours and day or two we find out the results of the Bradley turn projection. 

Bradley turn dates for 2020:
3/17/19
5/11/19
8/19/19
12/2/19

Interestingly, the US presidential election, where the world finds out if King Donny has four more years, is 11/3/19. There are no turn dates exactly at that time but a month after the election the Bradley predicts a turn. Perhaps the month of November will be a confusing mess after the election and then when it is resolved, good or bad, the early December turn date occurs. The Bradley turn date site is linked here and above. 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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