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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: hawkeyefan who wrote (7594)7/12/2008 2:16:43 PM
From: jaker  Read Replies (1) of 41466
 
Hawkeye your cycles are always informative...

I usually track Hurst Cycles in the 60m, Daily and Weekly timeframes.

This chart is middle of the road Daily...

60m showing near bottom support area.

Weekly says we ain't see nothing yet, with a long way to fall.
Maybe down to 39 or so at this time.

I agree with Shinowski, about op exp. week

The 42.19 is a math calculated support level which seems to support the Hurst cycle, However, I am a little skeptical if it will be reached next week, but I will leave that up to the market gods.

h1.ripway.com
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