crusty, the Bradley is interesting. I recently saw some tracking of several turn experts, and as I recall they only hit a little over half the time. Not good.
Here is a little different view on the S&P. I suspect 'cash' is a misspell and meant to be crash.
csf.colorado.edu
An Elliott view by Zoran Gayer. I really like his analysis because they begin with LT perspective and hone in. This particular count is one I have not seen anywhere else. Zoran has the S&P completing a 2 of 3 down, ready to start the 3 of 3 down. In short predicting a very steep drop, very soon, probably on the order of 400 points.
I'm presently neutral on this count, some things I like about it some things I'm a little skeptical about.
In any event I expect over the next few weeks to utilize significant amounts of my large cash supply on gold equities. I've only made one minor purchase, about a week ago, since my June sell-off. I'm expecting a gold bottom here very soon, within the next 5/10 trading days. Soon find out.
I currently expect the XAU to complete a 5-3-3 since the June top. Call this a modified ns EWT. I currently have the XAU near the end of the ii of the last 3, waiting for the iii, iv, and v.
I also like the looks of this weekly. A PPO crossover coincident with a stoch crossover appears to be coming up.This would be a very good signal. For the last two years the periodicity of major momentum shifts has been very consistent at slightly greater than 2 qtrs. It is due for a change, up.
stockcharts.com[l,a]waclyiay[df][pb50!b200][vc60][iUe12,26,9!Uh14,3]&pref=G |
