Trading with point and figure

will it bounce again?
 

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The long term Bradley Siderograph shows investor enthusiasm / psychology will peak in the summer of 2017 and not bottom until 2020. Top in?

from Jeff York/pivotalpivots
 

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Well, it’s probably a good idea to be cautious here. This week marks a Bradley model long term trend change date (see chart below). I wrote about this last June. This may be the start of a big stock market pullback! I’m thinking 10%-20%.

August, September, and October tend to be a volatile time of year for the financial markets. I have been recommending to my subscribers at PivotalPivots to reduce or hedge risk coming into the yearly resistance pivots (see Dow Industrials and S&P 500 charts further below).

Bradley Siderograph (via Martin Zimmel)

from Jeff York
 

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