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
SPX looks ready to put in a top in the vicinity of 2300 and start a correction. The extent of the initial retracement will be determined after we have evaluated the amount of distribution which takes place at that level.
Last week’s call for the beginning of the intermediate correction turned out to be premature. Since then, the SPX has reluctantly made a new all-time high, but the DOW Index amusingly continues to refuse printing 20,000. A minor...
After several attempts at rising above the 2278 level and falling short, SPX appears to have given up and started a deeper correction. A hold above 2245 would have looked like a consolidation pattern, but by dropping lower and declining...
SPX continues to show the potential for making an intermediate top, but could have another small upward thrust before starting a lengthy correction. Ample warning is being given by reliable indicators, and the correction would conform to...
SPX is consolidating after reaching the lowest of the projections given in the previous letter. It is not clear if the index is already capable of extending its move beyond the 2270 resistance level. The hourly indicators appear ready to...
The NYA is now the only major index which has not made a new all-time high. However, it came very close to doing so last week. There is evidence that we are quickly coming to an intermediate top, but this is all it might be. Subsequently...
The beginning of a dichotomy is appearing in the stock market. The tech sector has been left behind in this rally and if this accelerates, it could start to rein in the DOW and other averages that have soared to new highs. The chart at...
Last week failed to bring about the expected pull-back, but SPX is now technically even more vulnerable to a short-term reversal.
SPX is giving us warning that it is at a short-term high and ready to begin a correction which, based on the timing of some minor cycle lows, could extend into early December.
Individual indexes have reacted differently to the election results. It will take a little longer to arrive at a consensus view of what lies ahead. For now, the SPX may be ready to complete the final phase of the uptrend which started at...
