Brad Gudgeon
Brad Gudgeon Articles
Most people did not expect what happened on Monday morning. The futures traders took the ES down to 1830 with the cash market stabilizing at SPX 1867 in just a few minutes time. Clive Maund gets some kudos here calling for the Dow...
Last week, I wrote that I would share the IMP pattern with you and also more about TLC (Trend Line Convergence) and how it identifies bottoms (or buy points) in the stock market. First, the week in review: the astro Friday was especially...
I'm attaching three charts today: One chart of the daily SPY shows the parallel between Friday and March 3, 2015. The next one, shows where it could go as far as price and time is concerned, and the third shows the weekly chart of the SPX...
The stock market likely put in a failing 'b' wave top Friday at SPX 2114. The chart below shows potential down as low as SPX 1920 for the coming decline into the expected August 11, 2015 low. The actual 40 week low is due on August 7, so...
Last week I was looking for a short term low Monday and a rally into Wednesday, then down into week’s end. The short term low occurred on Sunday in the futures market then sky rocketed all the way into Friday, July 17. In the past,...
Last week, I warned of a possible Head and Shoulders Pattern Top looming. Back in the 1980’s, I learned how to do minimum down side measures by measuring the distance from the head to the neckline and then adding it to the neckline.
Last weekend I was looking for bottom late Monday near 2067/70 -- and then a strong rally to perhaps as high SPX 2101/13 by Wednesday. The SPX bottomed early Tuesday at 2072 and rallied to 2115 by Thursday. I give myself an A- for that...
Last time I wrote, I was expecting the stock market to fill the gap left on the SPX near 2081-82 by Friday last week. That was accomplished on Thursday when the SPX fell to 2077. What I saw on my indicators showed more a lack of buying...
I warned back a few days ago that the market looked tired. We got a few more points since then as the FED minutes on Wednesday helped fuel the market higher. The set up is there for another “sudden 2% drop” early next week like we had on...
Last time I wrote, I was dealing with the futures sell-off when the market was closed on Good Friday. I had been expecting strength into Monday, but the futures down move of almost 20 points made me rethink an alternative scenario. As it...
