Tuesday, July 05, 2011 9:29:47 AM
$SPX Hurst Cycles
Short Update.
We are likely making a high today or it is already in with Friday's trading. We should see a decline into a 20 week cycle late July or early August. The USD index is about to start a multi-month rally from this week forward. I assume the Greek debt crisis will expand and drive much of the summer trading from here.
Sentient is stuck on where to place the last 10 week low. I think it was late May and I expect the next 5, 10 and 20 week nest of lows later this summer. Sentient is being run here without my expert $SPX model. In other words it is relying solely on its spectral analysis (20+ years of data).
The rally seen last week was part of that time translation I mentioned in the GE post. TWT.
GLGT.
cheers,
john
www.sentienttrader.com
Short Update.
We are likely making a high today or it is already in with Friday's trading. We should see a decline into a 20 week cycle late July or early August. The USD index is about to start a multi-month rally from this week forward. I assume the Greek debt crisis will expand and drive much of the summer trading from here.
Sentient is stuck on where to place the last 10 week low. I think it was late May and I expect the next 5, 10 and 20 week nest of lows later this summer. Sentient is being run here without my expert $SPX model. In other words it is relying solely on its spectral analysis (20+ years of data).
The rally seen last week was part of that time translation I mentioned in the GE post. TWT.
GLGT.
cheers,
john
www.sentienttrader.com
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