Friday, June 17, 2011

10 week cycle w/ 5 week offset

This is a Hurst style chart of a moving average progressed 5 weeks. (1/2 of a 10 week cycle.)

Whenever the two lines cross, in theory you will be at the 1/2 way point in the cycle. Amplitude of this current move so far has been met.

Amplitude of next upside target will be generated when the red line re-crosses the purple line...

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