Brad Gudgeon

Articles by Brad Gudgeon

Last time I wrote, I was looking for a top in the stock market early last week near 2130-35 SPX and a 5% drop in silver. We got a 4.5% drop in silver and the stock market topped on Wednesday. Tuesday, May 26, I’m looking for a big drop in...
Last time I wrote, I expected to see new highs on the S&P500.  The week before, I submitted a cycle chart where an expected three week cycle top should occur on May 18th. We are within a hair’s breadth of the 2130 target I...
Last time I wrote, I was expecting a move to about 2064/65 or about a 2% drop into the 12.5 week cycle low.  We got a 2.45% drop into May 6th, TD 13 of the 12.5 wk low.  Our money flow indicators suggested more upside as they...
After reading today’s market action, I realized that we were due a bigger move down this week than I originally had anticipated. I have been short the market somewhat from last week from near 2120 SPX, but not heavily so.  I sold my...
From now on, I’m including silver in my updates.  There are important issues on the horizon that will involve silver to a greater degree.  One of those issues is: J.P. Morgan is accumulating physical silver like there’s no...
The stock market had a rocky week last week, ending on a down note.  Early on, I expected a possible 40 point SPX down move from Monday into Tuesday.  I also was looking for a possible top around Thursday.  The SPX fell 24...
The NASDAQ is showing the same type bearish divergence from the S&P 500 last seen from Nov 28 to Dec 5, 2014.  The Lindsay top has a variance of 222/225 trading days placing the last possible top for the S&P 500 on Monday,...
Last weekend, I expected the US stock market to drop suddenly from Monday into Tuesday. While I expected about close to a 2% drop, we got closer to a 1% drop instead (I give myself a C grade there). Out of this cycle low Tuesday (Gann...
Last article, I wrote that volume studies showed recent net outflows even as the market moved up during the recent OPEX /FOMC rally.  I talked about the Rising Wedge, which when broken would cause a big drop.  Well, we have...
Last time, I talked about there being one more rally left…and then the market would drop bigtime. I see no change in that outlook (after looking over the Gann Cycles from last Monday, I have determined that the next top would be April...

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Dollar falls on uncertainty but ends week with modest gain