Wednesday, December 07, 2011 10:27:31 AM
$SPX Hurst 80 week low
I can't get a proper 80 week cycle low buy setup. It makes me think that cycles have extended considerably and that we may have only seen a 20 week low that started Oct. 4th. I lean more and more toward this possible phasing. It creates quite a mixed bag for us Hursties. If this phasing is in effect, it means that this rally that started off the Oct. 4th lows will eventually peak out and lead to a terrific decline next year sometime.
I will speculate right now that we could see an important longer term low by mid-2012. But the trading and the market in general could be quite difficult until then. TWT.
The chart below is produced with Sentient run without an expert model, but rather with its own spectral analysis and interpretation.
cheers,
john
www.sentienttrader.com
I can't get a proper 80 week cycle low buy setup. It makes me think that cycles have extended considerably and that we may have only seen a 20 week low that started Oct. 4th. I lean more and more toward this possible phasing. It creates quite a mixed bag for us Hursties. If this phasing is in effect, it means that this rally that started off the Oct. 4th lows will eventually peak out and lead to a terrific decline next year sometime.
I will speculate right now that we could see an important longer term low by mid-2012. But the trading and the market in general could be quite difficult until then. TWT.
The chart below is produced with Sentient run without an expert model, but rather with its own spectral analysis and interpretation.
cheers,
john
www.sentienttrader.com
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