Sunday, August 14, 2011 5:11:03 PM
hi Lee,
The Aug. 10 post and $SPX ST chart was an analysis run with 01/01/1990 as the left edge and my SPX expert model.
Regarding $SPX expert models, I suggest you have a look at some of my postings at the Sentient Trader User Forum. I discussed long term phasing in a couple of threads and it is basically an extension of Bob Chonski's past work.
Bear in mind that ST's outlook can vary at times, changing its mind on where to place the last 10 week low for example. So I am not surprised that you might see a different "look" than what I've last posted.
But I try to bring my own Hurst view to bear, and as I have been suggesting this week, a 20 week low is very likely being made here. I won't post or rely on a Sentient Hurst look that I disagree with. What kind of bounce that comes here is quite difficult to predict though.
I'll try to get to update the Sensex tonight.
Welcome aboard the Sentient Trader express!
cheers,
john
The Aug. 10 post and $SPX ST chart was an analysis run with 01/01/1990 as the left edge and my SPX expert model.
Regarding $SPX expert models, I suggest you have a look at some of my postings at the Sentient Trader User Forum. I discussed long term phasing in a couple of threads and it is basically an extension of Bob Chonski's past work.
Bear in mind that ST's outlook can vary at times, changing its mind on where to place the last 10 week low for example. So I am not surprised that you might see a different "look" than what I've last posted.
But I try to bring my own Hurst view to bear, and as I have been suggesting this week, a 20 week low is very likely being made here. I won't post or rely on a Sentient Hurst look that I disagree with. What kind of bounce that comes here is quite difficult to predict though.
I'll try to get to update the Sensex tonight.
Welcome aboard the Sentient Trader express!
cheers,
john
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