7 replies to this topic

[Spectacular Bid]

On June 30th projections were given on 4 different time frames, ranging from 2.5
weeks to 20 weeks. They were as low as 2185 to as high as 2199. We are currently
in the heart of those projections given over 6 weeks ago. While certainly not foolproof it can mark a very short term resistance zone. To get higher projections we would need a small pullback followed by another rally. Maybe a 1&1/2% to 2&1/2%
pullback which would reset the offset lines and allow a Hurst projection up to
2220 to 2240 later this month. The 40 week cycle low is due in October so we are
getting closer to a time where we might see a more substantial pullback before we head even higher.

[SemiBizz]

So what instead of October Ebola we get Zika?

 

[gannman]

Do you have a time in October for that low

[Spectacular Bid]

Not really. I'm hoping there will be some technical clues, a nice oversold condition, along with some
palpable fear. Anytime in October could be a fit depending on how things unfold. Of course if we never
get a decline the conversation will become moot.

[boruseek]

SB, is Jan/Feb a 4.5yr low in your phasing?

[Spectacular Bid]

There are some out there who definitely have a 4.5 yr low in February. It could be. I choose not to
concentrate on that for now. Personally after an October low, I think we are much higher into the
2nd and 3rd quarters of 2017, with a real possibility that it could be a very major high, but too
early to worry about yet.

[SilentOne]

SB,
The February low was both a nested 4.5 and 9 year Hurst cycle low (actual cycle periods running short at 42 months and 7 years). That important low was projected to arrive in Jan. and came within the expected time window. A 40 week low is due this fall and higher highs are expected next year. TWT.
cheers,
john

[Spectacular Bid]

Thanks John appreciated