You are currently browsing the daily archive for June 25th, 2009.
The Bradley indicator was devised in the 1940s by Donald Bradley to forecast the stock market. He assigned numerical values to the position of planetary constellations for each day and used the sum of those calculations to draw a siderograph (“sidero” stands for stars or constellations). If you haven’t noticed yet, you will discover that many traders believe in and follow planetary & lunar cycles but you can surf the web if you’re interested learning more on that.
Anyway, Bradley dates forecast stock market turns. They are meant as a timing indicator but not a measurement of the magnitude or the direction of the move. The direction shown in the graph is based on mathmatical calculations so pay no attention to it. In real trading, market direction could be up or down. That, Bradley does not predict It should also be noted that you may not see a shift exactly on the date. It could be the day b4 or after; it could be two weeks later but past predictions have been eerily accurate. TOMORROW 6/26/09 IS A BRADLEY DATE. Wonder if the market will shift direction in the days to come………or maybe it already has……..
*If* the rally is over, the market will begin retracing its move as illustrated in this chart. One item that could impact this forecast is the rebalancing of the Russell indexes, which is done once a year – the 3rd Friday in June. This will cause huge volume spikes and wide price volatility in stocks affected by the rebalancing as RUT (Russell) sells those they’re dropping and the lucky ones being added.
For further info. RUT Rebalancing
