DJIA: Hurst Cycles - 17th Feb 2022
Dow Jones Industrial Average | Phasing Analysis Update, Outlook & Trading Strategy
Components greater than and including the 18 month nominal cycle
Components less than and including the 18 month nominal cycle
Components around the 80 day nominal cycle
we can expect the 40 week nominal low in early February and therefore an entry short now may well be a favourable position to hold until then. We might expect the most recent 80 day low around 34000 to be breached if this is the case and confirmation of a 40 week nominal peak will come via a cross of the 20 week VTL, shown in green on the medium term chart.
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