Category Archives : Analysis

Analysis of the markets

The Big Bounce 6

Before we look at the markets, have you joined us in the Hurst Trading Room live webinars? They are a lot of fun, and the feedback has been that they are proving very useful, so please join us this Monday: register here. In my last post I discussed some possibilities for the August 2015 trough, including one […]

A B-category interaction with the FLD?

A bearish picture

A Cautionary Tale 7

For some time now I have been observing bearish “cracks” appearing in the stock markets, and I have become that irritating analyst who keeps on pointing out the negative. But the speed of the drop in August took me by surprise. I was expecting the symmetry that I discussed in this post to break down […]

Ray Tomes and Harmonics Theory 4

David Hickson has kindly invited me to join Hurst cycles once again. For those that don’t know me, I am a long time student of cycles and run the Cycles Research Institute web site at while my personal website is and I have lots of videos on cycles in YouTube under the Wobbly […]

FLD peak = Price trough

A July Trough? 1

I wrote recently about the 40-week cycle trough that I am expecting to form soon. At that time I expected the trough to occur either early June 2015, or mid-July 2015, with the latter my preferred option. The market tantalizingly formed a trough in early June, but in my opinion that was most probably a […]

S&P 500 – Back on track, but … 18

The S&P 500 seems to have weathered the frequency modulation that has plagued the index for the past several months from a spectral viewpoint. Below is a daily chart with the 40 day wave extracted at the bottom. The effect of the frequency modulation is clearly visible in the first four months of this year, […]


The offending spike

Beware The FLD Spike 5

You are probably aware of the fact that I find the FLD (Future Line of Demarcation) a very useful tool. My research (which is a kinder word than obsession) into why the FLD sometimes provides support or resistance instead of being crossed cleanly by price gave rise to the FLD Trading Strategy. One of the […]