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Thursday, December 29, 2011

SPX Daily Chart Showing Bradley Turn Dates 2011

A major Bradley turn date occurred yesterday and a window for a market trend change remains open now into next week. The double circle now identifies a major Bradley turn date and there were only three major turn dates this year, the other two marked significant tops. A look back at the year shows how the Bradley turns were very accurate at identifying market trend changes.

Remember, the Bradley dates do not identify direction, the date only identifies where a trend change will occur. Thus, if the markets are trending up a reversal down would be in order, or visa versa, but once in a while an acceleration move occurs where the Bradley date results in a melt-up or melt-down move, but none of these occurred this year. So watch the coming days closely to see if there is broad market follow-thru to the downside from the double blue circle as the new year begins.

The next Bradley date is 1/11/12 so that will affect markets with another turn window for the first half of January. Keystone's Eclipse Indicator identifies this current area, now thru mid-January as having a high potential for a major market selloff adding further drama. For further information on the Bradley, reference Donald Bradley, Peter Eliades, Arch Crawford and the Amanita Market Forecasting sites for additonal information. The 2012 Bradley turn dates are 1/11, 1/28, 2/16, 2/22, 3/16, 4/11, 4/23, 6/12, 7/28, 8/14, 8/25, 9/30, 10/9, 11/1, 11/14, 12/22 and 1/20/13. The major turn dates are 12/28/11, 3/16/12, 6/12/12, 7/28/12, and 12/22/12. 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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