TD Combination and TD Analog sell signals printed at the close yesterday in the $RUT daily chart at a high hitting the .886 retrace of swing from the July 21 high to the August 18 low at a time that correlates with prior inflections running about 30 degrees. The Hurst nominal peaks and troughs model using a May 1998 start date is suggesting a 40 day cycle (34.8 calendar days) high today and that this decline will be significant. A Hurst nominal peaks and troughs model using an October 1987 start date is suggesting a 40 day (42.5 calendar day) high here and brief but sharp dip here and then a choppy up to mid October and chop continuing into year end. Bill Williams MFI so far today is printing a pink "fake out", i.e. rising volume and little price movement, indicative of either a break out or a U turn.
TD Combination(TM) and TD Analog(TM) Sell Signals $RUT daily
#1
Posted 19 September 2017 - 09:12 AM
#2
Posted 19 September 2017 - 10:02 AM
TD Combination and TD Analog sell signals printed at the close yesterday in the $RUT daily chart at a high hitting the .886 retrace of swing from the July 21 high to the August 18 low at a time that correlates with prior inflections running about 30 degrees. The Hurst nominal peaks and troughs model using a May 1998 start date is suggesting a 40 day cycle (34.8 calendar days) high today and that this decline will be significant. A Hurst nominal peaks and troughs model using an October 1987 start date is suggesting a 40 day (42.5 calendar day) high here and brief but sharp dip here and then a choppy up to mid October and chop continuing into year end. Bill Williams MFI so far today is printing a pink "fake out", i.e. rising volume and little price movement, indicative of either a break out or a U turn.
choppy ended a year ago ....watch the sky
http://www.siliconin...3f36c31e26a.png