Bradley Model promises a big turn in the market March 1 - but which way?! Stay tuned

Today, "MrTopStep" of the CME remarked in today's MrTopStep YouTube video (I re-tweeted the link) that they're using the Bradley model. Shades of cycles!! Readers probably already know or have realized, that trying to trade cycles in financial markets can be tricky! Lows can be lower or higher lows, highs can be higher or lower highs, cycles can extend ... Sometimes they even invert! Depending on the cycles expert who's producing the work, anyway. I'm no cycles expert but I do like to be aware of them. I posted Manfred Zimmel's version of the Bradley for 2010, on November 24, 2009. Look at that prior post which you can find under the "Cycles on Bradley model" label - you need to read and understand the info on it before trying to trade on it.

But here's the point: there's a turn date indicated for early March - meaning early next week. But it can be a high or low! And furthermore, it's a time window within a few days, so we can't get fixated on the date. And even more: let's say it's gonna be a high. It doesn't have to be a higher high! Can, but doesn't need to be. The SPX is acting like it could be - but no guarantees. Adding 40 or 50 points in a few days can be asking too much, though it could be more easily accomplished if the turn date comes, say, mid-week. But don't simply expect it, or that it must reach so high.

Look at what Zimmel's chart of the Bradley model shows the rest of the year - fits with many Elliott Wave ideas, but directly contradicts Terry Laundry's T Theory, Ray Merriman's stated cycles view for equities in 2010, and probably others. Which will be right? Honestly I don't know. All I can do is remember that last year's Bradley chart by Zimmel had some inversions (highs that turned out to be lows), and factor it in with everything else.

So - I recommend being aware of the Bradley model's TURN DATES, and be flexible in your approach for a possible significant turn coming right up. And stay tuned for clues on which way the turn will point!