Fridays low near 2160 a total decline of 1&1/2% has now allowed for higher
short term projections with the following closes. A close above 2181 today gives a 2.5 week to 2200,
while a close above 2182 gives a 5 week to 2202. If it doesn't
happen today , but happens Tuesday or Wednesday, then projections could get
slightly higher up to a max of 2210. Looks like a decline in to a 40 week cycle
low probably won't get started until sometime after Labor day.
Hurst projection to 2200+?
Started by
Spectacular Bid
, Aug 29 2016 12:06 PM
4 replies to this topic
#1
Posted 29 August 2016 - 12:06 PM
#2
Posted 31 August 2016 - 11:31 AM
I assume a breach of 2160 would negate this projection, and generate lower targets?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#3
Posted 31 August 2016 - 11:54 AM
SB, See this latest post by Jeffery Young and comments.
cheers,
john
http://hurstcycles.c...c-comment-title
"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
Posted 31 August 2016 - 12:19 PM
Thanks John & yes K Wave lower projections to the 2135 to 2145 could be given
depending on the day, while if we hold and
rally the highest possible projection would be to the high 2190's
depending on the day, while if we hold and
rally the highest possible projection would be to the high 2190's
#5
Posted 31 August 2016 - 12:40 PM
Thank you John.