Hi gchook,
I've been looking at a very short pullback from 10th June - and which I have today illustrated by way of Hurst channel and cycles which is clearer to see and understand below.
I'm hopeful that the recombined cycle holds, so that we are pretty close to an expected touch of the Hurst channel and a projected bottom for a short term cycle of wavelength 22. Be mindful that there are other cycles of differing wavelengths occurring, but this current one has good correlation in the forecasted projections, and it looks good enough for ordinary trade:)
This is just my opinion and take of things. Cheers!
Have a great trading week ahead.
dascore
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Hi gchook,I've been looking at a very short pullback from 10th...
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