The home of the innovation of the Logarithm of Time as applied to the Markets. We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Monday, June 15, 2009
$SPX closes in on probable end of rally...
Although the rally in the markets are not yet 'over', they are getting a lot closer. The bottom picture shows that we are approaching a major crossover, and a .500 node on the larger scale, and at the second order level, we are seeing .500 nodes will start showing up in about a week, so there are several 'landmines' along the way from here to the bradley date on 7/15/09. Roughly we have about a 3 week window where this index could fail...The crossover on the $SPX is scheduled for 6/30/09.
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