Sunday, July 29, 2012

Bradley Model Right on time!

Right on time! The Bradley model 7/28 trend change date looks like it will be to the upside, not the downside, like the 2012 Bradley graph shows. The Bradley model major dates tell us when to look for a trend change, not the direction(many times the direction is the same as the graph). Next resistance I see is a gap at 13200 and the monthly R1 pivot point is close by at 13197. We get new monthly pivot points for August this Wednesday. For this rally to have legs, we need to stay above 13,000 or we could fall back to 12,675(open gap). A close above 13,310(R1), and we could rally to the yearly R2 pivot point at 14,400(1530 on the S&P).

Tuesday, July 24, 2012

Dow Jones YPP

I'm still looking for the Dow Jones to pullback and test the yearly pivot point(P) at 11850 in the near future. Remember  that the YR1 pivot point was the high this year, so we need to retest the YPP(11850).

Sunday, July 22, 2012

Bradley Model turn date this week

We have a Bradley Model turn date this week. Since the June date we've gone sideways. The new trend will last until Xmas (Dec. 22), per the 2012 siderograph. Don't fight the new trend.....let it be your friend. My guess is we continue down. I'll let price be the judge.

Tuesday, July 17, 2012

Corn @YR2

Kissing the yearly R2 pivot point. See my trading rule # 6.

Overnight, corn went to the daily R3 pivot point and then solf off to the daily S1 pivot point. That's Pivot Power!

Monday, July 16, 2012

Eur/usd IHS on YS1

Possible 3 day IHS on the yearly S1 pivot point.

Sunday, July 15, 2012

Corn 800 next res

December corn futures is blowing by the yearly R2 and monthly R2 pivot points. The sell signal is negated.  Next resistance is at YR3 at 801. On the September contract YR3 is at 796.75.

S&P 1363

S&P looks like a possible HNS around 1363. HNS will be negated at 1376.

DJIA possible HNS

I see a possible head and shoulders pattern around 12900 and an open gap there. This is supposed to be a pivotal week, astrologically. It's also Opex week, so look for big price swings!

Wednesday, July 11, 2012

NDX YR1 to YR2

NDX fell in May to the YR1 pivot point and rallied back up to the YR2 pivot point in July. Pivot point ping pong I call it.

December Corn @YR2

December Corn futures failing at the monthly R2 and yearly R2 pivot points = SELL signal!

Tuesday, July 10, 2012

Corn futures charts

July Corn futures is testing the yearly R1 pivot point and the yearly Camarilla yearly H4 pivot point up here.

September Corn Futes is testing the monthly R2 pivot point up here. It's possible that September corn will go up to the yearly R2 pivot point at 796.75

Friday, July 6, 2012

US Dollar double top at YR1

DXY kissing the yearly R1 pivot point again. Possible double top. Need a sell signal first. If YR1 breaks out, next resistance is at $85.

Sunday, July 1, 2012

USO and XLE .....right on cue

UPDATED ON JULY 4th, 2012


USO bounced off the yearly S1 pivot point and the yearly Camarilla L4 pivot point.

XLE bounced off the yearly Camarilla L3 pivot point and the 1000 day moving average. XLE has gone from a high at the yearly H3 pivot point to a low on the L3 pivot point this year. Now, XLE is testing the Monthly R1 pivot point and the 200 day moving average. Look for a pullback or sideways consolidation after this 10% bounce.