J.M. Hurst's theory of cyclical market behavior proposes that price movements in financial markets are influenced by recurring cycles of varying lengths, which can be identified and analyzed to potentially forecast future price trends. These cycles are not exact, but rather average durations, and they can be nested within each other, creating complex patterns
Trade active
Trade closed: target reached
P/E & PS are in trough mode, bottoming is in progress ! The question how far can we go down !Note
CLX/SPXNote
Relative to XPLNote
XLP, MY BAD ;-)Note
MFI only twice we have had such readings, and this is one of them but not showing a touch down yet !Note
Golden Cross 50 & 200 SMANote
CC with SPX...Note
Technical indicator of Tradingview is confirming a trough is in the "Making" !The question how low can we go from here ?
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.