Silver: Hurst Cycles - 9th May 2022
Strong resistance at the 18 month FLD betrays an underlying bearish trend and we look at a time and price position for the revised 40 week nominal low
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
Short Term
Components around the 80 day nominal cycle
Bandpass Filter Output
40 day nominal component @ 32.43 days average duration
