Written by:
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2009 by Patrick Mikula All Rights Reserved
Below is a new chart we created using the MarketWarrior Bradley Siderograph indicator. The Siderograph is a planet index used to forecast the financial markets. The original Siderograph was created for the major stock markets and this is the version used on the chart below. The data used in this chart is the S&P500 index from Barchart.com symbol $INX. You can see the stock market followed the Siderograph down into early 2009. Now in early 2009, the Siderograph makes a bottom and moves up into the summer. Based on this planet index, I would expect the stock market to rally into late July.
Weekly Siderograph
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