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Entering lower end of Hurst projections


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#1 Spectacular Bid

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Posted 24 August 2018 - 10:59 AM

The 2.5 week projection to 2884, which  gives a projection range of 2874 to 2894, has entered the lower end of the range, so still plenty of room. The Nasdaq did give a  2.5 week projection to 7965 with a range of 7940 to 7990, so some room left there too. There are no higher projections at this time, so we are getting closer. There is a 9 month (8 month) cycle low due first week of October + or - a couple of weeks. We'll have to see what that brings. It certainly is a very right translated bullish pattern assuming we get some kind of decline right after Labor day or sooner.



#2 q4wer

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Posted 24 August 2018 - 11:23 AM

we may have some profit taking sell around the corner. 



#3 dowdeva

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Posted 24 August 2018 - 03:02 PM

Hi SB,

 

Nice to see you.

 

I have had the same projections come up, also an unfulfilled one to 283-282, from the last decline.

 

I have been finding Hickson's work on category interactions on Hurst FLD cycles very useful in my trading.

 

Best regards,

 

~D