FTSE 100: Hurst Cycles - 8th June 2022
Price rises from the 80 day nominal low in early May to resistance at the 40 week FLD. With an imminent peak in price, likely the 80 day nominal component, we look at the next moves for the FTSE.
Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality | Underlying Trend
Phasing Analysis
Long Term
Components greater than and including the 18 month nominal cycle
Medium Term
Components less than and including the 18 month nominal cycle