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Hurst Projection update


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#1 Spectacular Bid

Spectacular Bid

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Posted 09 March 2017 - 02:48 PM

Hurst projections were reached last month and exceeded and were not providing
any guidance until yesterday when a 2.5 week projection to 2352 was given. This
came close today.A close today below 2356 projects to 2311 + or- 10, while a
close Friday below 2359 projects to 2317. If we hold in this area and start up
we'll get projections back to the 2400 area depending on which day we make a
cross of the 2375 to 2380 area. The 20 week cycle is due in the next week or two.
The Commitment of Traders still don't show a large commercial short position
although it did increase slightly. That doesn't include last Wednesday's giant ramp
which we'll get this Friday. It could change somewhat quickly with rollover
beginning. FWIW After today we will have a large oversold reading on the McClellan
oscillator.