here is a sneak peek of what 2012 could look like. 2012 highs in March and then down hill the rest of the year? The Bradley Model turn dates are based on planetary alignments.
Monday, December 19, 2011
The S&P futures is finding some support on the Monthly Camarilla L3 pivot and the 50% fib off the Nov. lows. Will Santa rally the market week? I think we will as long as 1202 on the futures hold. A close above 1220 will be a short term buy signal......imo.
Posted by Jeff York at 6:10 AM
Friday, December 16, 2011
The March '12 NQ (ndx) futures contract found support this week on the monthly Camarilla L3 Pivot. Quants are now using the Camarilla pivots, Demarks pivots and the ever popular Classic Pivots. Pivot calcs are easy to program computers to buy and sell since all a pivot point is, is a math calculation based on the previous candle's Hi/Lo/Close. The low this week on the ESh2(S&P) was also on monthly L3.
Posted by Jeff York at 5:10 AM