After making the 80 day nominal low around the 9th of December, WTI Crude is approaching the 40 day nominal peak. This is a potential short for the 18 month component low, phased to come mid February
You mentioned above that "We would expect to see some phase clusters forming around the 18 month component low and we don’t see that as yet".
Does phase clustering only occur once the cycles begin to turn from their peaks/troughs or does the app show phase clustering based on the alignment of future peaks/troughs.
From the comment above I assume the former but wanted to confirm. Thanks
No matter how hard I try to adjust my phasing, my cycle counts and bandpass filtering shows the 18M trough forming at the following 20W trough (14th July 23) not the next 20W trough as you've shown above. I'm assuming you've based this decision on your TFA, and see that it's showing a clear 18M trough forming around the 22nd Feb. Is the later alignment a possibility you've considered David?
Great write up, new member here and learning Hurst. This lined up perfectly with my traditional technical analysis. Got fills yesterday and playing out beautifully so far. Will there be an update on any of the indexes soon? Thanks
Oil: Hurst Cycles - 2nd January 2023
You mentioned above that "We would expect to see some phase clusters forming around the 18 month component low and we don’t see that as yet".
Does phase clustering only occur once the cycles begin to turn from their peaks/troughs or does the app show phase clustering based on the alignment of future peaks/troughs.
From the comment above I assume the former but wanted to confirm. Thanks
No matter how hard I try to adjust my phasing, my cycle counts and bandpass filtering shows the 18M trough forming at the following 20W trough (14th July 23) not the next 20W trough as you've shown above. I'm assuming you've based this decision on your TFA, and see that it's showing a clear 18M trough forming around the 22nd Feb. Is the later alignment a possibility you've considered David?
Great write up, new member here and learning Hurst. This lined up perfectly with my traditional technical analysis. Got fills yesterday and playing out beautifully so far. Will there be an update on any of the indexes soon? Thanks