Bradley to hit low in August not seen since Depression Crash...
From Manfred Zimmel...
1. The most important low in 1931 was set in the middle of the biggest depression in history 1929-33. 2. The 2 nd lowest value in 1875 was in the middle of the crisis of the 1870s that began with the crash („Gründerzeitkrach“) at the Vienna Stock Exchange in May 1873. Afterwards the European bourses experienced the sharpest bear market in the 19th century. 3. The 3 rd lowest Bradley index is August 2010 : isn’t it interesting that the two historical models for the current crisis are 1931 and 1875? The reason for the low value 2010: there are massive disharmonic angles (T-square, partly even Grand Cross). This is the mathematical specification of the ‚cardinal climax’, a term coined by my appreciated (always worth reading) Ray Merriman. 4. The 4 th lowest value in the chart in the early 1890s was not as spectacular, but in the early 1890s we saw the biggest bear market in 20 years.
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