I want to add a couple of comments about the long term picture to my prior post about the Euro. The chart below is a monthly chart of the EURUSD with the 18 month price wave and 4 year price wave. Except for the minor frequency modulation in the early […]
Yearly Archives: 2015
31 posts
In a comment to an earlier post ( Market And Manipulation) I expressed the opinion that some of Hurst’s principles are applied differently with respect to forex pairs. The current analysis of the EURUSD is a good example. The generally accepted approach is to phase the waves at the lows […]
I have been watching the Euro (see also this post) for signs that the big magnitude trough that I am expecting to form has occurred. In September 2014 I wrote about this trough, and mentioned the difficulty with the sub-division of the 54-month cycle. This makes it very difficult to […]
I wrote about the $TSX in September as it broke the 40 week FLD. The TSX started its correction lower last fall before US markets, this on the back of a very weak energy sector. Despite oil’s recent bounce (/CL made a 45 week low late Jan.), the weakness in […]
Gold probably generates more diverse opinions than any other financial instrument or commodity. The deflationists say gold is going down to $250 while the inflationists say gold is going to $5,000 and beyond. The price action paints a much simpler picture from the cyclical/spectral standpoint. The first chart below is […]
David Hickson in his January 23rd blog, presented an analysis showing the March 2009 cycle low being the beginning of a new 9 year cycle—which ended with the comment—what do you think! My first reaction was I wasn’t buying it. Since previous placements claimed that the March 2009 lows was […]
As any trough is approached in the markets I always like to stand by in anticipation of that trough, in case it happens early. Troughs occur early in bull markets, and we have been in a bull market for some time, so expecting an early trough has been a useful […]
I am often asked “In what markets do Hurst Cycles work best?” I have always answered that Hurst Cycles work equally well in any liquid, well-traded market. But I now qualify that statement, by adding: ” … to the extent that it is not being manipulated”. The word manipulation generally has […]
There is no doubt that the story for 2015 will be volatility. We are two full trading weeks into the year and we have: 1) Oil hitting new lows near $45, 2) The Swiss National Bank removing the Swiss Franc peg to the Euro, 3) $USB 30 Year Treasury bonds […]
Last week I pointed out some bearish signs in the stock markets, a well timed post as it turned out because the US markets fell all week (at least until Friday morning when I am writing this). But interestingly the DAX spent the whole week going up (apart from some […]