Jump to content



Photo

2 Charts -- Hurst Projections -- $SPX $RUT


  • Please log in to reply
4 replies to this topic

#1 Geomean

Geomean

    Member

  • Traders-Talk User
  • 1,177 posts

Posted 16 March 2018 - 04:02 PM

While I don't find the composite line projections of the Sentient Trader software to be very accurate and rely on it more for cycle turn projection windows, the red dashed composite lines in these two charts are worth noting because both extremely bearish and in accord with a  Elliott wave count that we are in the beginnings of wave 3 of (a) down.

 

33ze3nk.png

 

The $RUT chart is a tile of all of the models used.  All are bearish

 

vgo0aq.png


Opportunity knocks on your door every day-answer it.

#2 Geomean

Geomean

    Member

  • Traders-Talk User
  • 1,177 posts

Posted 16 March 2018 - 04:12 PM

To see more about the software, and how an expert uses it, here is a link to Monday's webinar by the creator of Sentient Trader, David Hickson, on Gold  https://www.youtube....eature=youtu.be

 

He updates the Hurst model of The Silent One, who many here will remember fondly, discussed in a Oct 16 2016 webinar on You Tube.


Opportunity knocks on your door every day-answer it.

#3 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 17 March 2018 - 12:03 AM

Mamma mia, that chart looks so simple smile.png


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#4 GDA

GDA

    Member

  • Traders-Talk User
  • 115 posts

Posted 17 March 2018 - 06:16 AM

According to the projections at the top/bottom every day is a potential cycle peak/trough day. 



#5 Geomean

Geomean

    Member

  • Traders-Talk User
  • 1,177 posts

Posted 17 March 2018 - 07:16 AM

According to the projections at the top/bottom every day is a potential cycle peak/trough day.

Under Hurst every day could potentially have a peak and trough of a cycle of some length. To simplify his Spectral analysis Hurst created a binary code for each cycle length, a simple +1 if the cycle was going up and a -1 if it was going down. He then summed the results in order to get a sense of the likely direction of all the cycles his Spectral analysis found in the data series and of when the sum of the cycles turned The models here address 7 cycle lengths up to the 18 year cycle and then adds a signa calculus result for the sum of all longer cycles.

The diamonds are color coded for the cycle length being portrayed. The cyclic model and color codes are labeled on the right axis. The Sentient Trader website has introductory material on Hurst and also what the software does and how to interpret it if one wants more information.
Opportunity knocks on your door every day-answer it.