Golfin, I agree. I see an equally good case for both a bullish picture, and a possible longer term 80 week low (perhaps end of Feb/March?) which would mean that the indices would be now making their first true 80 week low, or even late? Too inexperienced in Hurst to really comment here.
I am very mixed traditional signals on stocks, short and mid-term.
Diddling over here whether I just want to pull out and just sit on the sidelines for a while.
Next few weeks into February should be very interesting.
Deva