Brad Gudgeon

Articles by Brad Gudgeon

The rally into early Monday, February 26, 2018 is no surprise to me. The charts below were written over the weekend suggesting follow through buying into early Monday at or above SPX 2754 and then a sudden fast reversal down below the 2532...
When I made the charts below over the weekend, I had thought I made a mistake regarding the final top in the SPX being 7/20 and changed it to 7/24 based on the astro/cycle reading. As it turns out, it looks as though 7/20 was that top (...
The stock market is due for a sudden air pocket, likely from Tuesday to Thursday this week. My downside target is 2398 +/-. We are due for the 10 week low from April 13, 2017.  The SPX is making an irregular abc type (y) wave top that is...
May 17 saw one of the largest drops of the stock market this year.  I believe we will see an even larger drop early next week. There are three distinct reasons apart from the daily MACD failing to make a new high along with the SPX....
We entered into a Mercury Retrograde period on April 9, which I have said before is like trading in the Bermuda Triangle, difficult at best! Typically, this usually portends a turn in the precious metals market within about 2-4 trading...
Two weeks ago, I was looking at a possible 2330 SPX by year’s end. By December 23rd, I told my subscribers to expect a rally into December 27, and then a bottom near December 29th, somewhere between SPX 2238-52. The SPX closed at 2238 on...
The stock market looks like it is making a distribution top into the FED meeting. We may see a small pull back into late week and then higher prices into the 14th. We could see a sharp drop into the 5 week cycle low due around the 19th...
A lot of traders I know were thinking that a low on Monday would be it -and then off to the races. I was in that camp too. The problem is the rising wedge was never broken. So what now? Pretty much the same for the SPX and GDX: another...
Last I wrote, I was expecting a stock market top early in the week with the late week dropping. We had gone short on Thursday, but late screwy wave action had me pull out to neutral (to my chagrin). I had been looking for a 10 week low...
This month ahead looks choppy for both markets. Gold (especially the miners) has just come off of hard drop. Consequently, we may expect an upward/sideward bias until we get past Mercury Rx (retrograde) around September 22, where we could...

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