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Brad Gudgeon

Brad Gudgeon

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves…

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Market Update

Below are charts of the SPX and GDX. I expect a move down into Friday for both. The Russell 2000 is not making new highs here and that is a problem. My indicators are stretched and negatively diverging with a possible double top on the SPX.

S&P500 Daily Chart
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S&P500 Hourly Chart
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GDX Daily Chart
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