Andre Gratian

Expert Market Analyst & Founder of Market Turning Points

Andre Gratian

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

SPX is correcting its break-out phase from 3434 to 3646.  How much of a correction and for how long will depend on whether it can remain above the 3512 pull-back or not.  Odds appear to favor a deeper correction at this time.
SPX made in intermediate low on 10/30 and is resuming its uptrend.  This move is expected to carry to about 4150 before the next intermediate correction takes place.
The correction could have gone longer and lower before reversing. Furthermore,  it may still go longer with the minor cycle lows due on about 11/16.  That scenario does not prevent the index from trying for a slightly higher high, first.
SPX is in a corrective pattern which should continue at least into mid-November. There is an outside possibility that it could drop as low as 3050 by then.
Most minor cycles scheduled to make their lows in this time frame have probably done so, but SPX has not yet shown a clear sign of wanting to resume its uptrend.  If we cannot find buyers early next week, the correction is likely to be...
By moving above 3430 -- thereby overcoming an important resistance band which started at 3330 -- SPX has shown that it is no longer susceptible to a .382 retracement of the move from 2192.  It is, however, susceptible to a minor correction...
SPX is likely about halfway through its correction and in a temporary uptrend which may already be over if it loses too much ground over the next couple of days -- even though cycles appear to be favorable to an extension of the mid-course...
SPX has found a short-term low after completing an a-b-c pattern and has started a countertrend rally.  This is not yet an attempt at resuming the long-term uptrend, and a deeper correction is expected before this occurs.  But there has...
SPX is still essentially basing until it gets above 3380. During this process, it must remain above 3330, or something else (to be determined) is taking place.
SPX is close to finding a low for this phase of the correction and this could happen next week.  It is not clear at this time if this will be a resumption of the uptrend, or if more short-term downtrend lies ahead.  The original thinking...
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