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Hurst Pattern keeps repeating


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#1 Spectacular Bid

Spectacular Bid

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Posted 04 October 2017 - 12:57 PM

As mentioned before, since last November all upside projections have been met and many have been exceeded, while not all downside projections have been met when given. This continues to be very bullish action. The latest projections on the S&P cash have all been met. The 10 week was the highest projection to the 2530 area. Nasdaq projections have been met too. When this has occurred there is usually some kind of pullback to reset the fields so that after a pullback we can get even higher projections, but the pullbacks haven't really amounted to much. I don't suspect this time will be that much different. Sure it's possible to have a 1/1/2% to 3% pullback in October. I would love to see it. I hope we do see it. If it were to occur it would present a nice opportunity, so from a personal perspective now that all upside projections have been met, i'll be on the sidelines until there is a setup for new projections.