Andre Gratian
Expert Market Analyst & Founder of Market Turning Points
When Andre Gratian was a stock broker years ago, a friend introduced him to technical analysis of the market. Consequently, it is not an exaggeration to say that Andre fell in love with this approach! Ever since then, it has become an increasingly important part of his professional life. Gratian has studied the works of Wyckoff, Edwards & Magee, Edward J. Dewey (cycles) and many others. However, one of my most profitable undertaking has probably been to study Point & Figure charting, which he finds invaluable in analyzing stocks and indices. If he were restricted to one methodology, this is the one that he would choose. This well-rounded background has given him what he feels to be a special insight into the stock market, facilitating the recognition of meaningful patterns and the ‘turning points’ in all trends, whether they be short or long term. Andre feels very comfortable discussing the stock market and passing on meaningful information to others. His subscribers include individuals and money managers throughout the world. Moreover, his Newsletters are currently published on several financial sites, here and abroad.
Andre Gratian Articles
Last week was marked by a sharp correction in NDX, while DJIA held up well. SPX, which is a kind of hybrid of the two, logged in six consecutive days of decline spanning a total of almost 50 points. The last two days entered a zone of...
Last week, I expressed some concern that, since the China/USA trade talks did not get anywhere, Trump’s promise to implement another $200 billion of tariffs could be activated early in September. The imposition of tariffs has not been...
Last Monday, SPX traded up to 2873.93 before reversing. For all the fanfare about achieving a new all-time high, this surpassed the January high by less than a point! The index had a shallow correction for the rest of the week and, on...
Last week, SPX filled the count established at the 2860 level by dropping to 2802, formed a small base, and rallied strongly on the news that there appeared to be a détente in the potential trade war between the US and China. Should these...
The term “correction” is meaningless, unless you can specify its size or duration. I have found that a Point & Figure count in conjunction with Fibonacci analysis can give us a fairly good idea of what to expect, especially since they...
On 7/25, SPX ended a 156-point rally from 2692 to 2848 and started to correct. During a normal correction, an index retraces .382 to .50 of the uptrend which just ended. The lesser retracement would have taken the index back to about 2788...
In recent newsletters I have pointed to negative divergence building up in the various market indices at the daily time frame. This is always suggestive of an approaching correction and one should be on guard for it. On Friday, traders...
Last week, SPX reached its ~2800 P&F target and started to form a short-term top. By Friday, the hourly indicators had given a sell signal and the daily had continued to increase their negative divergence pattern, suggesting that a...
Next week, the bulls will have their best opportunity yet since the consolidation began to turn the trend in their favor. Last Tuesday, SPX had a sharp decline of about 30 points, immediately bounced off a good support level in the low...
On 6/13, SPX reached a recovery high of 2791.47 and started to correct the rally which started two weeks earlier and 102 points lower. On Friday, the index sold down to 2762 and closed at 2779. A three-day correction of thirty-two points...
