codypd
Long

Hurst Cycle Compression on SPX - going higher

FX:SPX500   S&P 500 index of US listed shares
292 0 3
Hurst cycle fans know that a deep enough drop will resync cycles and cause a period of cyclic alignment where you get a powerful move up. While we haven't had one on longer term cycles, the cyclic compression (yellow circles) have probably created a cyclic alignment similar to a drop with a "V" recovery.

The rightmost circle has the short (blue) and medium term (green) cycles on the 2 hour chart overlapping. This will happen at the beginning of a deep fall (at least using the way I have my cycle envelopes coded) but on our chart prices reversed sharply and strongly which creates a compression of the medium term cycle (in green) and follow through should follow the yellow line i drew, which is a higher low as shown with the red line.

If you have familiarity with harmonics / sine waves then you know in-phase waves are multiplicative in power ( Google             "Tacoma Narrows Bridge" for example) . Same effect here - we should see a powerful follow through to new highs given the higher cycle low that seems to be developing.

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out