SPX Daily Chart Showing Bradley Turn Dates for 2011-2012

The double circles are the major Bradley turns, July 2011 was the top before the waterfall crash. The major turn at the end of last year resulted in a market melt-up into April 2012. Mid-March was the latest major turn date and the jury is out as to whether it identifies an important top now, or not. Next turn date is 4/11/12 so a window opens for a market turn between 4/4/12 and 4/18/12, then another date follows quickly on 4/23/12 so a window is open for a turn from 4/16/12 thru 4/30/12. Thus, April may become a roller coaster ride. Then the next turn date is in June. So markets will fight it out in April then a trend should establish itself in May that will follow along into June. For further information on the Bradley model, reference Donald Bradley, Peter Eliades, Arch Crawford and the Amanita Market Forecasting sites for additonal information.