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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


To: bcrafty who wrote (650)5/14/2003 9:35:10 PM
From: John Madarasz  Read Replies (3) | Respond to of 941
 
Well, here is the analysis of the Astrikos model from tonight's commentary, used with permission of course.

Today was the last day of the Bradley time window, and the SPY and DIA have made 3-bar highs during the current window. If the Bradley is to relate to a high in this time frame, prices should start moving lower tomorrow...

My bent was for an inversion here and I think it's well within the realm of possibility now. Based on my best judgement I believe the above excerpt of commentary remains in the context of the study I presented here...

boomspeed.com

If this theory holds true, then the next turn time in the 7/2/03 timeframe could equate to a LOW period for equities based solely on this years Bradley Model.

I also believe there's a preponderance of sentiment and technical evidence to strongly support this case fwiw.