S&P Measured-Move ?

waggie945 · Apr 30, 2004

( high of April 7 )1151.75 - 113.25 = 38.5

( High of April 27 ) 1146.25 - 38.5 = 1107.75 potential measured-move target.

EBOAH · Apr 30, 2004

A major Bradley Indicator turning point was April 26th, but you knew that, eh?

waggie945 · Apr 30, 2004

Yeah, like the Bradley Cycle has been real "accurate" the last 12 months!

:eek:

indahook · Apr 30, 2004

something else to ponder also....

Bsulli · Apr 30, 2004

Quote from waggie945:

( high of April 7 )1151.75 - 113.25 = 38.5

( High of April 27 ) 1146.25 - 38.5 = 1107.75 potential measured-move target.

I'm no rocket scienist but 1151.75 - 113.25 doesn't equal 38.5

but it is a 38.2% fib measurement though. lol

harrytrader · Apr 30, 2004

Quote from EBOAH:

A major Bradley Indicator turning point was April 26th, but you knew that, eh?

Yes I knew on same 26th forecast for 27th session

http://www.elitetrader.com/vb/showthread.php?s=&threadid=27723&perpage=6&pagenumber=6

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http://www.elitetrader.com/vb/showthread.php?s=&threadid=27723&perpage=6&pagenumber=7
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waggie945 · Apr 30, 2004

Sorry, I obviously missed a "1".

1151.75 - 1113.25 = 38.5

1146.25 - 38.5 = 1107.75

http://www.amanita.at/e/faq/e-bradley-com.htm

waggie945 · Apr 30, 2004

Looks like a pretty good target so far, with the low of the day coming in at 1105.75

Bsulli · Apr 30, 2004

Quote from waggie945:

Sorry, I obviously missed a "1".

1151.75 - 1113.25 = 38.5

1146.25 - 38.5 = 1107.75

Yeah I figured as much, but how often do I get to rib you!

EBOAH · Apr 30, 2004

Quote from waggie945:

Yeah, like the Bradley Cycle has been real "accurate" the last 12 months!

:eek:

Well, it certainly caught the January 26th, March 5th and April 27th highs in the S&P 500 this year! Not to mention signaling the major turning point on March 12th 2003!!!

I'd say it's fairly Accurate so far this year!

Opps, 1103.75 low!!!!

PS Maybe P2 has something with this 41 days from high thing in the Market, eh! Look out Monday!

:eek: :eek: :eek:

S&P Measured-Move ?

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