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 […]
Uncategorized
Last week I wrote that US markets would “try to cross above the 40-day cycle FLD, but given the bearish situation might not make it“. On Tuesday markets rallied close to that 40-day FLD, but then on Wednesday, a mere 2 points (vertically, 1 bar horizontally) from the 40-day FLD […]
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 […]
My three-year old son has been struggling this week with the fact that he would like to specify the “surprise” that he gets in his morning snack. I have tried explaining that if one knows what is coming, it can hardly be described as a surprise, but he remains unconvinced, […]
I mentioned last week that when the markets exhibit clear cyclic behaviour one should expect surprises, usually in terms of the amplitude and speed of a price move. This week we were surprised by the amplitude of a move, and even more surprised by the fact that it was an […]
Analyzing financial markets according to Hurst’s cyclic principles is a constantly fascinating (and rewarding) process. There are times when the cyclic picture is so clear that it seems too good to be true. At those times I remind myself that the markets are not only cyclical but also constantly surprising, […]
For the second year running, Sentient Trader was selected as a Finalist for the “Best Specialist Product” category in the prestigious “The Technical Analyst Awards 2012″. The Award Ceremony took place at The Waldorf Hotel, London on 19 April 2012. The Judges’ Comments at the Award Ceremony included, “Congratulations to Sentient Trader, for their […]
There are times when the markets behave so perfectly (in cyclic terms) that one can be lulled into thinking that there will be no more surprises. At times like this I am grateful to have friends who call me up to point out (with thinly disguised derision) that I was […]
It often seems to me that the financial markets have a wry sense of humor. That sense of humor reveals itself at times that we humans are taking a break from the arduous business of trading the markets, such as is happening over this long Easter weekend. We have been […]
S&P 500 Last week we confirmed the peak of 19 March 2012 as a peak of the 20-day cycle and asked whether it might be a peak of the longer cycles as well. This week the market formed a new, slightly higher peak on Tuesday 27 March 2012 and so […]