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"For best results, investors should combine cycle theory with chart behavior and comprehensive study of rigorous analyses of technicals, fundamentals, market psychology and market liquidity."
120 year supercycle http://www.commodityonline.com/news/Gold-and-Silver-in-Grand-Supercycle-21297-3-1.html
3 cycles touch on the SPX_30 chart.
Does that mean it is an important TOP ?
Time will tell....
Hey! Maybe some one will buy the book and I'll be able to discuss it .......
*****CH_6_PAGES_112_113
CH_6 Shows 1/2 cycles and what you can do with them.
(1)Like check for true Dominant Channel.
(2)And the most interesting part is to make price projections
into a future date. WOW
(3)My first attempt to project SPX was a total failure do to
the current straight up rally.(g)
(4) Over all the book was well the the $19.99 price on Amazon.com
WHY ?
Because it gave me a new view of price action.
IMHO.
.
On the daily chart there has not been a sell signal because
we have NOT crossed a valid up trend line to the down side on
a closing basis.
So we are in a SELL AREA of the Daily envelope, but so far no
"EDGE BAND" sell page 79
PS There is also a "MID-BAND" sell on page 82, which I will
discuss at a later date.....
Note to the board
(1)Using Esignal I will post charts with a date (you will not see date).
(2) I may update these charts during that day.
(3) At the beginning of each day, I will change the date of the chart (You will not see this).
This will leave a trail of charts until I run out of Esignal memory.
JLS Here is example of REV
See REV 1 on this SPX_30_915 chart
SPX_DAILY HURST lay out to the next weekly low
Let's see how this works out.
Having trouble with updating via StockChart so:
(1)Will delete this HURST SPX 30 minute, daily, weekly , monthly chart in a few days.
(2) Will create a series of charts via Esignal on the HURST
Board only.
(3) These charts will show if the HURST envelopes really works
or not.
(4) So HURST's chart only on the HURST BOARD.....
SPX_DAILY_HURST_PROJECTION
HURST says you have to do these projections(Estimates of future cycles)
WHY?
So you will know when things are going wrong.
.
From SPX DAILY (2nd Chart)
It appears the Up TREND Line is broken to the Down side
(in the red zone where 3 cycles are )
The blue envelope(Cycle) appears ready to turn down.
Please note HURST says trend lines are only valid in these red zones.
page 85 has very nice summary of these 16 items.
HURST1 study(DAILY CHART) shows this peak (RED BOX) is not the final peak. The final peak (RED CIRCLE) is due about OCT 15.
On the other hand the current Daily cycle is 90 days from the Mar 2008 Low and Today is 47 days (2 days past the mid of the cycle) so it may be the TOP.
That's HURST for you.(g)
9/9/09 Started adding H's and L's to 30 minute chart.
Trying to under stand meaning.
That is ...do they tell me about the trend going into the future.
Right now it is UP UP with higher H's
For my info 0/8/09
I just noticed that both the daily and weekly are due for a Low in 9 weeks.
Changed Daily SPX chart to show Low in in place = L12
Also changed Weekly SPX chart to show cycles of about = L21
Dude, What ever is easiest for you. I can click multiple times.
Thank you for your work. I find in very valuable.
rr
*****Quick Survey please !
(1) Put all three SPX_30 minutes, SPX_DAILY and SPX_WEEKLY into one sticky ?
(2) Keep current set up of 3 stickys ?
For my info
Now I "understand" HURST1 and Hurst2 .....
on to studying pages 68 to 113 again.....
*****Have changed SPX_30, SPX_DAILY,SPX_WEEKLY Today 9/1/09
They are now looking very interesting.
You can almost get sense of direction. IMHO
I don't know - but your chart studies are showing that, as usual, you are a quick study of any system.
JLS
Right now the Hurst2 method (Video) has problems.
Right now I have to agree with you.
TREND1,
I have to disagree with your conclusions.
You wrote "Right now RED > GREEN is saying cycle of price is UP."
Notice that I underlined the phrase right now and also the word is. None of those moving averages exist right now, so there is no is. Instead, it's all about was. The last time RED > GREEN was 34 periods ago. We do not know what the relationship between RED and GREEN is now, because neither of those lines exist now. Furthermore, we wont know what that relationship is today until after 34 more periods into the future. How is waiting another 34 periods (in order to determine the true relationship between RED and GREEN today) going to help anyone make a decision now?
***** This is HURST2 method.
(1) It is saying TREND UP RED > GREEN
This would be the very interesting if it proves right.
(2)Also the BLUE in is saying the main trend is UP
Stay tuned....
SPX_30_HURST2
This chart has a lag due to lag in MA's
Right now RED > GREEN is saying cycle of price is UP
TREND UP
.
SPX_30_HURST
NOTES
(1) Currently in down swing.
(2) All MA's are plotted with 1/2 length
lag as required by HURST . IMHO
.
]
Current Chart based on video
Still unable to estimate future prices using Hurst Cycles.
Interesting video on Hurst Method
http://www.tradingfives.com/video/hurst/hurst1.html
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The Profit Magic of Stock Transaction Timing by Hurst has arrived.
I will try to study his method
"The Profit Magic of Stock Transaction Timing" by J.M. Hurst"-- I paid 19.99 on Amazon.com ... http://www.amazon.com/Profit-Magic-Stock-Transaction-Timing/dp/0934380627
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