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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X3/7/2007 4:52:18 AM
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Bradley Calandar Turn date set for this Friday,

amanita.at

the bradley calandar is in the tool box and is a market predicting device made up of astrologic alienments of the plants.

I usually post these turn dates a few day ahead to draw attention to the fact and try to figure out what the outcome may be.

The fact is that they is another one just 10 day afterward on 3 20 07.

This is interesting especially when you throw in the fact the options expiration week is in between the two dates.

This is what I consider to be the key to the two close dates.

When Friday arrives I will take a look at the maximum pain levels on the major indexs and if they are far from the maximum pain level I must think that the market will try to cause maximum pain during this time only to reverse the following week.

Looking at maximum pain levels as they stand now the QQQQ is currently trading @ 43 and maximum pain is at 44, so the market has every reason to rally to the 44 level before the third friday of this month.

Maximum pain can be calculated on the site below

iqauto.com

Type in QQQQ and add the month of March and 2007 and presto the level will come out at the bottom of the page.

I will follow this closely in the coming week as it develops.

The way it looks to me now is that the market may rally into the third friday of this month and may set up the shorting opportunity that I am waiting for.

This is my thought at this present time. Way too early to know but it is what I will be watching.
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