Brad Gudgeon

Articles by Brad Gudgeon

The NASDAQ and Russell 2000 both made new lows today, but the S&P 500 (and Dow 30) did not, creating a temporary slightly bullish divergence. But overall, the pattern is worrisome for the market after the expected relief rally into...
When I last wrote on April 26th, I was looking for a move above 2960. We tagged 2954 on May 1 and then pulled back to 2862 on May 7th. The SPX fell into a rising channel formation and decline to go below 2860, which means to me we have one...
The December 24-26 low in the stock market finished an E-Wave xyz bullish flag, which itself was likely an X wave of larger degree.  The move up to all time highs within only 4 months of a 20% pull back has been quite impressive. The...
Last time I wrote, I thought a major stock market top was at hand.  As it turned out I was early in my prediction. It looks as though Feb 5/6 is the long awaited B wave top. The chart below predicts SPX 2719 early Monday, followed by...
We were expecting a drop this week to around 2647-63 SPX…and it surprised us by going all the way to 2628! Our call was then for a strong rally into the following week.  Ideally, the next top should occur on Nov 2 as we tap the end of...
This has been a most difficult stock and precious metals market to forecast. I am fortunate to have made my clients over 18% the past 6 weeks. Yesterday, I went to cash after having cashed my volatility (UVXY), short GDX (DUST) and short...
The stock market is ripe for a sudden plunge on Monday the 30th. Mars conjuncted Pluto on the 26th and this is very war-like. On the 25th Mercury squared Saturn. Friday was a Gann 16/32 TD top and the Sun trines Saturn on the full moon...
Last week, I wrote about the looming bull trap. On Feb 27th, the stock market topped and the SPX fell 142 points or about 5% in 3 days. My observation was based on time cycles, Elliott Wave and Mars conjunct Vesta. Most of the decline was...
In the following charts, I present the case for SPX 2265.22 by August 14th, 2017. That is only one week away and would knock about 8.5% off the major average.

I use astrology, Gann & Hurst Cycles, E-Wave and charting techniques to...
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...

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Domestic gold prices tumble on reduced demand