The 10 weeks cycle is topping and should turn down during the week. The 5 week cycle (not shown ) should bottom and turn up by week end.
Short term trade possible (bottom mid week??).
GL traders
Friday, March 29, 2019
outlook week of April 1, 2019
A top was set about 1 week ago (20 week cycle). So that cycle (20 weeks) turned down. The 40 week cycle is still in a left leg up move.
The 10 weeks cycle is topping and should turn down during the week. The 5 week cycle (not shown ) should bottom and turn up by week end.
Short term trade possible (bottom mid week??).
GL traders
The 10 weeks cycle is topping and should turn down during the week. The 5 week cycle (not shown ) should bottom and turn up by week end.
Short term trade possible (bottom mid week??).
GL traders
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Hi, I have read a lot about cycles. Followed Kress cycle predictions in the past but they turned out to be so wrong after the bottom in 2009. Are you using Kress cycles and how do you use them to form actionable investment/trade ideas? Halli. (hallsteinna@gmail.com)
ReplyDeleteA variation of Hurst cycles. For Swing Trades use intermediate length cycles (40, 20, 10, 5 weeks). As shown in my charts cycles nest Usually multiples of 2 (2 x 5 is 10, 2x10 is 20, 2x20 is 40. Day traders use cycles of days. A week is 5 days. Half a week is 2.5 days. 2 weeks is 10 days, 4 weeks is 20 days Do a search om JM Hurst stock cycles. More information than I can explain here.
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