One of the most common misconceptions that we cling to when trying to understand financial markets is that news events cause the price movements of those financial markets. As a cyclic analyst I attribute price movements to the “cycles” (what those cycles actually are is open to debate, but the […]
David Hickson
There are only eight Hurst Cyclic Principles that define the way in which financial markets are influenced by cycles. Each one of these principles is important in defining the Hurst Cycle approach to analyzing a market, but one of the principles always strikes me as more important than the others, […]
Perhaps one of the greatest “a-ha” moments for me (and I’m not talking about the Norwegian band – I was going to use the word “epiphanies” but that sounded a bit religious) … one of the greatest “a-ha” moments in understanding Hurst’s cyclic principles came when I realized the importance of […]
The greatest benefit of analyzing financial markets according to cyclic principles is the insight that it provides in terms of what to expect and when to expect it. Sometimes the market suprises us, and sometimes of course our analysis is wrong, but a good deal of the time the markets […]
In a conversation with an experienced Hurst analyst (and long-term Sentient Trader user) this week he mentioned that he was feeling bullish “following the current pullback”. I agreed, but later found myself questioning the extent of my bullishness, and realized that I’d missed the opportunity to engage in a “Hurst debate” […]
It might be my film-making background, but I always believe that I can detect a personality in the financial markets. Perhaps better described as a “character” than a personality, the traits that I identify are remarkably consistent in each market. This week we witnessed the cruel cunningness of a remarkably […]
As the Nasdaq reached its 80-day FLD on Tuesday, and median price settled squarely onto the FLD line my trader instinct was to tighten stops, whereas my analyst instinct was to say “finally the moment of truth!” and I was reminded of the great difference between being a trader and […]
Last week I pondered the possibility that the 40-week cycle turn that we have been expecting in many markets was formed in price on 4 June 2012. Of the markets that we follow in this blog, Crude Oil and the Nasdaq were the two in which it seemed least likely […]
We have been waiting patiently (or in some cases perhaps not-so-patiently) for the formation of 40-week magnitude troughs and peaks in various markets. It is possible that those troughs and peaks formed this week, but before crying “TROUGH!” (or “PEAK!”)we need to take a careful look at the evidence. S&P 500 […]
Markets around the world are approaching turning points of 20-week (Euro/US Dollar) or 40-week magnitude. The actual turns are unlikely to be perfectly synchronized because perfect synchronization between markets is a satisfying event that usually only occurs on cyclic turns of at least 18-month magnitude, as we saw last year […]