Short Term Trading Member Forum

[airedale88]

we're starting the 40th week from last august's 40 wk cycle low. so far, SP500 made it's low in wk 37 at 1136. the fld target for the 40 wk cycle low, whether based on the average length (38 wk)or nominal 40 wk length, has been 1228/1229, +/- 10 pts. the 1136 low of the 37th wk fits into that window as an undershoot, which is what should occur.
as far as i know, other cycle users on here and other forums, and market letter writers who use some semblence of hurst cycles (McClellans)are all looking at late may into june for the next 40 wk low. i'm a party of one. i may be completely wrong in my work. i was hoping though to engender some discussion about the current phasing of the cycles but no one has responded. i put up a lot of posts about sectors that have seemingly made their own 40 wk lows, partly to bolster my analysis but to also get some responses. zilch. i'm dissapointed. correct phasing analysis is the key to profitable cycle trading and we all can benefit from discussing what each of us sees.