Short Term Trading Member Forum

[SilentOne]

India Hurst Cycles

hi Lee,

I'm glad for you that you are considering the Hurst Cycles course and Sentient Trader. As slinky mentioned in his comment, learning the Hurst Cycle Course is the way to go. It will give you a true feel for the way cyclic price action works.

As for the cycles for the Sensex, it is starting to clear up here. We did see a bounce out of a 40 week low, but this new 40 week cycle started in Feb./March has likely peaked or will peak soon. The current phasing still shows a decline into an 18 month, 4.5 and 9 year nest of lows is due late this year.

Once the 18 month FLD (yellow line) is crossed to the downside, a target of approximately 15000 ish is possible into this low. The Sensex has been leading the U.S. markets, so it should be watched.

The view formed back in early March still holds.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60515706

Hope that helps.

cheers,

john