The Bradley model has done a pristine job in calling the market in 2012. As it stands right now the Bradley had called for the Summer rally with a Top in late july.
Given that the rally came 1.5 weeks early we should give the model some wiggle room.
Which leads to the $6MM question:
- Has the summer rally already seen the top ...or
- will we see another 4 week spasm to the upside before really falling apart ?
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