Tuesday, December 18, 2012
Monday, December 17, 2012
UPDATE: the YR1 pivot broke. Next support is at the monthly S2 pivot at 1633.75 or the yearly Pivot point at 1627.
Posted by Jeff York at 5:46 AM
Apple hit $497 today in pre market. That is the 400dma(monthly 20), the yearly R2 pivot point and Demarks monthly Low pivot point. I think AAPL may bounce here. Next support level below is on the monthly S2 pivot point at $467 and the 500dma is there too. A close below $497 will be the tell.
Posted by Jeff York at 5:22 AM
Friday, December 14, 2012
Here is a sneak peak at the 2013 Bradley model. As you can see a new trend change is coming around Dec 22/Jan 29th and will last until the June 2013 Quad opex. Will it be up like the sidergraph shows or will it be down? It can go either way. There is no polarity, it just shows when the trend will change and how long it will last. Either way 2013 will be big!!
Posted by Jeff York at 11:14 AM
Wednesday, December 12, 2012
Tuesday, December 11, 2012
No double bottom or inverse head and shoulders bottom,,,,,,,, a V shape bounce trapping shorty!! We are approaching a supply area here at 13200-13250-13300 from last October. The low this month has been on the monthly pivot points on all the indexes. If the MPP is the low we probably will rally to the monthly R1 pivot point at 13385 on the Dec. YM futures and 1452 on the Dec. ES futures. We have a Major Bradley trend change date coming up next week. Will it be the beginning of a big pull back or a break out to new highs?
Posted by Jeff York at 6:14 AM
Thursday, December 6, 2012
Here are the yearly and monthly pivots for the front month on Gold(GC). As you can see Gold's high last October 2012 was at the yearly R2 and has now pulled back to the yearly R1 pivot point. Look for a possible double bottom here at 1666-1675. If that breaks then watch 1625-1650 for support.
Posted by Jeff York at 5:25 AM
Monday, December 3, 2012
New month brings new monthly pivots. The ES(s&p futures) should trade up to MR1 at 1451 and 1st support comes in at MS1 at 1360. Watch the 76 fib at 1436........ that could spoil the party.
Posted by Jeff York at 4:54 AM