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Replies to post #120 on J.M.HURST

Replies to #120 on J.M.HURST

TREND1

09/30/09 2:15 PM

#121 RE: JLS #120

JLS
Page 60-61

HURST says you can determine which way the breakout of the Triangle will happen.
Here is the SPX_30 MINUTE again.
Let's see if HURST and tell me which way the breakout will happen,

EDIT PS: The green ( projected) shows why the drop stopped.IMHO.
.

TREND1

09/30/09 2:51 PM

#125 RE: JLS #120

JLS
Just a little HURST back ground on MA's
(1)GREEN MA = 50 Meaning that any cycle over 50 is getting shown. THAT IS LONG TERM TREND.
(2)RED MA = 10 Meaning that any cycle over 10 is getting shown. THAT IS SHORT TERM TRENDS added .....
(3)BLUE MA = 3 Meaning that any cycle over 3 ( Almost ever thing) is getting shown.