Short Term Trading Member Forum

[airedale88]

belt, if you ever get to study the hurst course you will eventually realize the last 80 wk low was not an anomaly. it gets repetitious to repeat this but circumstances like this are resolved with no problem if one knows how to do a FPA and then completes a CCA. i've mentioned often over the last few yrs how important a commonality phasing model can be in helping complete a CCA, especially on indexes which DO NOT have a cycle of their own but represent the sum of the action of the individual component's cycles.

as far as " I know one thing for sure: I will recognize it when I see it."

i doubt it. again, the Hurst course explains the difficulty in identifying tops. unless you predict every move up to be the "top", it will only be in hindsight that the top is recognized. that includes me too.