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airedale88

10/28/04 7:29 AM

#4432 RE: airedale88 #4431

we're 53 days along from the 8/13 nest of lows and the 10 wk cycle runs an average of 48 to 56 trading days. monday 10/25 visually appears to be the 10 wk low, i definitely am convinced it was the price low for this 10 wk cycle. there is still the chance that the actual time low will come in next week with a possible pullback into a final 6/7 day cycle low that would make the harmonics of the 10 wk cycle fit well. it would also allow flds to line up into a stronger configuration for a move to new yrly highs based on outstanding 20 wk cycle projections. either way, i think the move to 20 wk projections will get in gear after the election based on current fld patterns.
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denmo83

10/28/04 9:58 PM

#4466 RE: airedale88 #4431

airedale88...

Do the Hurst cycles give you upside targets as well or strictly downside targets.

I'm looking at approx. 1500 on the NDX(Comp 2000-2025) as a possible top for this leg. Does that coinside with your work?