Bliss: according to your "phasing" almost everything is going up. However, one of the main Hurst concepts is the halfwave MA and the fact that the change in direction occurs halfway through the move, which allows for a projection of objective. There are objectives way under the mkt, and a break of the MA200 ( which has not happened yet) will coincide approx with change in sign leading to objective of approx 1230. Check out the chart with your moving average lengths and see what you think.
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