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Monday, November 28, 2016

SPX S&P 500 Daily Chart Displays 2016 Bradley Turns

The 2016 Bradley turn date windows are shown as the blue boxes. Information can be found concerning the calculation of the dates on the www.bradleysiderograph.com website. Suffice it to say that the turn dates typical indicate where a trend change occurs in the stock market. Sometimes the turn window results in a wild acceleration move one way or the other. A window of +/- 7 days is provided but the intent of the turn date is usually known in a tighter +/- 3 day time frame. The stock market is in the heart of the 11/29/16 window right now. Will stocks rocket launch vertically higher in the days ahead, or, will they quickly soften and begin a downward trend change lower?

The 2016 turn dates are 1/5, 5/10/ 6/1, 7/5, 9/28 and 11/29, tomorrow. Markets were in a downtrend into the start of the new year and the 1/5 window was a downside acceleration. The May window was a trend change higher for stocks. The June turn was a top that rolled stocks back over to the downside. The July window was an upside acceleration the big rally running from late June into the August top. The late September turn date was a trend change to the downside. The drama continues this week inside the blue box; which side will price exit? 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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