A very small downside projection to 2770 was given at the close today which isn't even back to yesterday's lows. It is possible in the next few days to get 5 week downside projections depending on the day to around 2720 to 2750, but beyond that there isn't a Hurst setup for lower prices in this time frame. The time frame Hurst wise for the possibility of a larger decline starts in April. For now it appears any decline that does materialize will be bought.
Hurst 2.5 week projection
Posted 05 March 2019 - 04:25 PM
BTW this was the 1st downside projection of any kind this year.
Posted 05 March 2019 - 08:05 PM
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
Posted 06 March 2019 - 04:11 PM
Good call ! 2770 reached. Does Hurst show a move down to 2720 or do you continue to think this dip will be bought ? Thanks, KS.
Posted 06 March 2019 - 10:28 PM
No lower projections yet. Tomorrow which I will update is a close approximately below 2775 which projects to 2733 or approximately below 2780 on Friday which projects to 2743 or we don't close below those numbers yet and don't get lower projections. To be continued.