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HUI Hurst Cycles

current cycle not bullish

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#1 SilentOne

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Posted 29 March 2017 - 08:56 AM

Enough of the wave 3 talk.

 

http://forum.hurstcy...ug-index/377/17

 


"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#2 Smithy

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Posted 29 March 2017 - 09:24 AM

Any chance you could sum up?



#3 SilentOne

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Posted 29 March 2017 - 09:53 AM

Hi Smithy,

 

The current cycle off the Dec. lows is not bullish, not matter how you try to sugar coat it. That is what I address in my comment yesterday. Miners are diverging badly for weeks with gold and breadth is not supportive. The next low could arrive early May. Then we see. If we can get to May with a higher low in place then things get interesting. Have to watch and wait for now. Day traders market.

 

cheers,

john 


"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#4 Smithy

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Posted 29 March 2017 - 10:37 AM

Thanks John, appreciate your sharing your knowledge.



#5 dougie

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Posted 29 March 2017 - 12:59 PM

Higher low as in higher than December?

And thank you. I see plenty reason to be cautious too.
Swissie, gold:silver, sentiment,

Enough of the wave 3 talk.
 
http://forum.hurstcy...ug-index/377/17

Hi Smithy,
 
The current cycle off the Dec. lows is not bullish, not matter how you try to sugar coat it. That is what I address in my comment yesterday. Miners are diverging badly for weeks with gold and breadth is not supportive. The next low could arrive early May. Then we see. If we can get to May with a higher low in place then things get interesting. Have to watch and wait for now. Day traders market.
 
cheers,
john



#6 K Wave

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Posted 30 March 2017 - 11:08 AM

Watching Silver here closely this AM....possibility of nice divergent 3 drive to top on hourly....

 

18.22 area starting to look key for rest of today, and possibly longer.....


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