The Periodical: 25th November 2022

Stockmarkets surge after bullish momentum from an 18 month low in October. Crypto signals significant low while gold shows signs of life. Oil and gas cycle beautifully once more

Chart Highlight: S&P 500

The 20 week component, running at an average of 116 days over the period consisting of 13 iterations. Despite the large uptrend through 2020 and 2021 this component maintained a relatively stationary nature, most notably in frequency.

Round Up

Stockmarkets have, in all likelyhood, formed an 18 month nominal low in October. The position of the low here is in line with the historical average of the 18 month component over the last few decades and reflects a slightly faster than nominal wavelength espoused by Hurst in his original nominal model. We have the tools and compute power at our disposal to really examine the true nature of periodic movement in financial markets, something Hurst did not, so we should always be open to model variation and mathematical evidence. The 20 week component, shown above, is one of the best features of all markets and I encourage readers to look at the markets they focus on, be they indices or constituents of those indices for eviden…