Bullish July 29 Bradley Date
Weekend of Friday July 29, there is a positive Bradley date coinciding with what should be the bullish New Moon. For those who have ever read or subscribed to Traders World Magazine a frequent author was Gregory Meadors. Greg confirmed Donald Bradley's research how the market will typically rally 2 weeks before a Venus 120° Uranus cycle and then typically selloff the subsequent 2 weeks. My experience has been the same as this is one of the dominant market astrocycles. Venus 120° Uranus cycle is dead ahead and the main reason I am bullish into the next New Moon area. There is one other astrocycle I am watching that was present during the 87 crash, but this time it is inverse and may cause a bullish short squeeze. I will mention that cycle as we get closer.
So far this mornings selling is very likely some type of b-wave fakeout before a strong rally.
Remaining long and strong for next 2 weeks, nice rally can begin at any moment. Last chart is a wave technique where intersecting trendlines point to highs and lows, this one likely pointing at July 29.
Technically we aren't yet out of the July 15-20 bear window I've mentioned previously. Strong part of the rally may not begin until after Wednesday. Any weakness here is an area to accumulate longs.
So far this mornings selling is very likely some type of b-wave fakeout before a strong rally.
Remaining long and strong for next 2 weeks, nice rally can begin at any moment. Last chart is a wave technique where intersecting trendlines point to highs and lows, this one likely pointing at July 29.
Technically we aren't yet out of the July 15-20 bear window I've mentioned previously. Strong part of the rally may not begin until after Wednesday. Any weakness here is an area to accumulate longs.
2 Comments:
Thank you for the astrocycle data update. I was not aware of the significance and current time frame of the Venus 120°/trine Uranus cycle.
I am continuing to scale into long positions with plans to add on any further weakness through Wednesday for at least a multiday oversold bounce but hopefully more with the positive lunar, Bradley, Venus/Uranus, and geomagnetic implications.
Noticed that typically bullish Tony Caldaro's weekend update (http://caldaro.wordpress.com/2011/07/16/weekend-update-301/) identified the current bull market being at an inflection point.
Don't get too caught up using the Bradley "Turn" Dates... The Bradley has had a horrible record when it comes to the S&P over the last couple of years. It's correlation with Crude Oil has been far better.
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