The US markets have formed peaks and now the big question is: “was that THE peak?”, in other words is that the expected peak of at least 40-week magnitude, or was that just another small peak on the way up to yet higher levels? Peaks are notoriously complicated when analyzing […]
Uncategorized
The big news this week has been that US markets have made “new highs”. This is being peddled by many as a reason to be even more bullish, but as a dyed-in-the-wool contrarian I see this as yet more reason to be cautious and to prepare for a downward move […]
S&P 500 Finally the US stock market succumbed to its “vulnerability to a downward fall” as mentioned last week, and on Tuesday the S&P 500 plunged down through the 40-day FLD, only to find support at the 80-day FLD, which then bounced price straight back up again. I have mentioned […]
S&P500 I am tempted to reach for my thesaurus and search for new ways to describe the continued upward progress of the S&P 500. Limping, faltering, eking, straining? At any rate there is no change to the analysis which I believe is playing out, which indicates that the market is […]
For the second year running, Sentient Trader was selected as a Finalist for “The Technical Analyst Awards 2012”. The Award Ceremony took place at a Gala Dinner at The Waldorf Hotel, London on 19 April 2012. The Judges’ Comments at the Award Ceremony included, “Congratulations to Sentient Trader, for their […]
S&P 500 The S&P 500 reluctantly squeezed out another few points this week, as the most likely analysis discussed last week suggested it would. Here is that chart again, updated to include this weeks lacklustre performance (and fundamentally weak – take a look at the ratio of advancing to declining […]
S&P 500 Three weeks ago I presented our current analysis of the S&P500 (using data for the e-mini futures contract). I discussed the 54-month cycle trough placement on 4 October 2011, and explained that we were expecting the market to fall into a 20-week cycle trough. Price reluctantly dipped down […]
Today we’ll take a look at Gold, a particular favorite of mine. As a South African, the price of Gold has always played an important role, and Hurst dedicated an entire lesson in the JM Hurst Cycles Course to Gold. He proposed that the cycles in Gold “run longer” than […]
Today we are looking at the long term picture for the Euro/US Dollar forex pair. Here is the chart with the analysis I currently favor, including cycles all the way up to 9 years: The 18-month cycle trough which we were discussing last year has most probably been formed now […]
I started writing Sentient Trader Outlook last year as a fun way of using the “blog” capability of our website, at the same time showcasing Sentient Trader software. The Outlook took a backseat to recent priorities of launching Hurst Signals, and the preparation of an update to Sentient Trader (which […]