Replies to post #22389 on CHARTS_CCI_SYSTEM

[GLENO34]

The target for the daily SPY is the 100MA now at 277.62



http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=11&dy=0&id=p95776946716&a=381264285&listNum=9#

[DowDeva]

Art,

Here's another go at it. You can see now where price projected through the fld equal to a 1.5 day cycle, then was rejected by the next higher cycle. It then proceeded to move sideways today and as the fld moves dow, projects again through the NEXT higher cycle (not the one 2X higher) around 283. So that would give us a projection again from anywhere to 284 and change to 285.

I am being very sloppy here and really killing Hurst methodology. But hopefully you get the idea.

http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=15&yr=0&mn=0&dy=7&i=p08004213134&a=667085781&r=1558723602146