Andre Gratian
Expert Market Analyst & Founder of Market Turning Points
When Andre Gratian was a stock broker years ago, a friend introduced him to technical analysis of the market. Consequently, it is not an exaggeration to say that Andre fell in love with this approach! Ever since then, it has become an increasingly important part of his professional life. Gratian has studied the works of Wyckoff, Edwards & Magee, Edward J. Dewey (cycles) and many others. However, one of my most profitable undertaking has probably been to study Point & Figure charting, which he finds invaluable in analyzing stocks and indices. If he were restricted to one methodology, this is the one that he would choose. This well-rounded background has given him what he feels to be a special insight into the stock market, facilitating the recognition of meaningful patterns and the ‘turning points’ in all trends, whether they be short or long term. Andre feels very comfortable discussing the stock market and passing on meaningful information to others. His subscribers include individuals and money managers throughout the world. Moreover, his Newsletters are currently published on several financial sites, here and abroad.
Andre Gratian Articles
As anticipated, the SPX is pausing after its last advance of 110 points from 2785. The past five days traded in a 27-point range which looked ready to start a decline on Thursday, but the index managed to bounce into the close and prevent...
The last time the SPX showed negative divergence in its daily indicators was when it reached 2860. That warning resulted in a 75-point correction which lasted about a week. On Friday, SPX made a new high at 2910 and closed at 2907.
A week ago Friday, SPX completed a short-term base, and last Monday the uptrend from 2346 resumed with a 35-point bang! For the rest of the week, prices continued to move higher, but more tentatively until Friday when, assisted by a...
Since a short-term top was diagnosed last week, very little action has followed. The SPX traded in a 50-point range which, by today’s volatile standards, has to be considered ‘sideways’. From the perspective of the rally’s 2346 low to-date...
Last week I pointed to the relative weakness which had developed between SPX and some leading indexes such as IWM and XBD, all of which have a good track record at calling market tops. For a few days, I thought that the market was going...
Optimism re-surfaced on Thursday with authoritative opinions being expressed that the US-China trade talks have a good chance “for a win/win outcome”. This was undoubtedly responsible for picking up a flagging SPX and causing it to close...
This week, I might as well repeat what I said last week: “Hope that trade negotiations with China will bring some tangible results have kept the SPX in an uptrend for the past few days, but the technical picture shows a market which is on...
Hope that trade negotiations with China will bring some tangible results have kept the SPX in an uptrend for the past few days, but the technical picture shows a market which is on its last leg. This is apparent with whatever methodology...
After reaching 2739 last Tuesday, SPX started what is probably a correction of the 393-point uptrend which started at 2346. If that’s the case, we could keep going until we reach 2589, at a minimum. But this is only a preliminary...
We can categorize the decline from 2941 to 2346 as having taken place in two phases, with the first ending at 2682 and the second one starting from 2800 and concluding at 2346. The rally from the low was initially labeled as a countertrend...
