Replies to post #18807 on The TradingEdge

[blacktruck]

BT's sentiment chart..


I try to segment the wave at hand into cycles.....I have tried to recruit a Hurst cycle practioner to the boards for many moons....unsuccessfully so far...


According to this chart financials are losing momentum post earnings..




To continue upward trajectory commodities and TRAN needs to step up their game here..

Commodities as measured by etf




Commodities by board selected proxy (RIO)


Commodities by CRB




CRX



I will look at TRAN's later..

[Qone0]

Kiy, No I was never on CS. I believe I have seen TOS do that nesting thing. The pure cycle traders are using some different program that puts the cycles in a pyramid or lines that counts the nest. That I have seen posted.


From what I have observed watching cycle traders over the years. Cycles have a fair amount of accuracy calling for a bottom. The top is never at the center of the cycle. It is almost always translated to the right.

The size of the nest, does not always mean the low will relate in size to the size of the nest.