S&P 500: Hurst Cycles - 10th May 2022
Price forms a bearish 80 day cycle and in the process crosses the 18 month FLD, implying an 18 month component peak has occurred. We look at the next short and long term moves.
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
80 day nominal component @ 59.36 days average duration