Over the past three months the US indices have exhibited a rather marked divergence in relative strength. This is particularly evident in the Russell 2000 and the Nasdaq 100. The chart below is a daily chart of the Russell futures. The price wave shown at the bottom of the chart […]
Monthly Archives: April 2014
3 posts
There has been a lot of discussion recently about whether the cycles are “running short” relative to Hurst’s nominal model. The answer to that question depends on one’s definition of nominal model. A little discussed fact is that Hurst created two nominal models, a nominal time domain model (54 months,18 […]
Last week I discussed (on the Sentient Trader blog) why it was time for a bounce in the US stock markets, and they obliged this week with a strong move up. The cyclic analyst must always look ahead to the next move, and as markets make new highs (albeit in […]