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
For the first time since the March low, TRAN is displaying some clear short-term relative strength vis-à-vis the SPX. It remains well behind on an intermediate basis, but this short-term surge may have some interesting implications for the...
SPX looks ready to complete the structure that it started building from 2965. Some time around the middle of the month would be a good time for completion before a retracement into the cycle lows.
Acknowledging Eric Hadik’s analysis that the 40-week cycle is in an inverted mode appears to be the correct step to take. We do not yet know how much weakness will come into the market after the inversion, but a clear warning that a...
SPX appears to have concluded a secondary high on Friday. If so, this would be the start of the next downtrend phase from the 3233 high, with the entire correction not likely to find an intermediate low until mid-July.
Last week, SPX met its intermediate projection and made a total retracement of nearly 250 points. Friday was a reversal day in the other direction and the index should continue higher until it ends its countertrend rally and turns down...
Current Position of the Market
SPX: Long-term trend – Having rallied well past a .618 retracement of the decline into March 2020, it is time to consider the possibility that the retracement was only an interruption of the bull market...
An “encroaching” cycle (52-day) made its low on 5/14 and altered the short-term index structure. This will reduce the future impact of the 80-day cycle to a much less significant decline than it would have been otherwise. Since the short...
The 80-day cycle is likely to have double-topped at 2955-2945 and started its down-phase which should conclude in the first week of June. Projection is likely to be a minimum of 2650.
Current Position of the Market
SPX: Long-term trend – We are in an official bear market
Intermediate trend – re-testing April high
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an...
The ISM non-manufacturing PMI is due on Tuesday morning, and this could be a good time for a near-term cycle low. However, a rebound could be short-lived, since next Friday investors will have to face some extremely poor job numbers
