Brad Gudgeon
Articles by Brad Gudgeon
I have SPX falling to 2444/45 Wednesday and GDX down to near 21.90/.93. By Friday SPX should be tagging 2479 +/- and GDX to near 22.99/23.00. Past cycles and VOL cycle suggest an up open tomorrow that will be sold. By 11:00 EDT...
Last week I was looking for a pull back into May 31’s 8 TD low. Howeve, the move down was extremely shallow (wave ‘b’ 2418 down to 2403) -- and wave ‘c’ of Y looked to have finished on June 2 (or will finish by June 5 near 2440)....
On Thursday last week, we closed out our short positions in the low 2380’s on the S&P 500, looking for a possible move above 2400 by May 5-8. Today tagged 2401, a new high, but at the same time made a classic double top ‘y’ wave....
Right now, the coming dip could be a little scary, but shouldn’t amount to much to around 4%. My guess is the first couple of days next week should see a sharp drop, but a buy the dip mentally and seasonal strength should prevail for now....
Cycle-wise, we are at a crest of the 18 month cycle, which is due to bottom in early August 2017. Astro-wise we have a myriad of reversal aspects in this general time frame: Mars conjunct Uranus/opposite Jupiter (February 26/27); Sun...
Last time I discussed the possibility of a Friday the 13th sell-off. Did I really believe it would happen? Actually, the odds were better for a January 20th sell-off based on the planets and dragonfly candle stick pattern we saw on 1/12...
In this article, I’m going to point to reasons why I believe this rally has some more juice left in it. I also want to warn that early next year, what I thought would happen in November 2016 should happen in March/April 2017…and that...
The current rally from November 4 to December 12 (if indeed it was the top) was Minuette Wave Y of Minute Y. Minute Wave Y (of Minor Wave B) was a wxy inverted, irregular and strong bearish flat. Elliott called these B waves or...
Much has been written about this unsustainable bubble in the stock market and the future ramifications of a major crash. We are entering an 80-year +/- cycle where a major crisis war is going to envelop this nation. I believe...
Last week, I mentioned that it was possible that Y of B could make a new high into next week then we go down hard. I had 2214 (or so) on the SPX as a maximum upward target and that could be the case by Tuesday next week.
On Tuesday, at...
On Tuesday, at...
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