Replies to post #16841 on Short Term Trading Member Forum

[Blackbelt1]

If I had seen the pattern of CSCO, SYMC, and DELL in the stocks driving this market higher, I would have immediately agreed the 80-week low is in.

I would also agree that the long pause zone/mild decline in December *could* be the 80-week low in the major indices. However, I also see reasons to suspect that it is not.

What really has my attention is an index such as $TSE that has been following the Hurst cycles to perfection but showed virtually no evidence of even a 5-week low at the New Year. Just now it is hinting that it *may* roll over.

Am I guessing? Of course. But it's high-probability guessing.

:)
BB