my work... lol
i merely observe what i have understood
from the great man J M Hurst...
in all honestly volt looking for a certain
amount of lows in a cyclical period is not
high on my priorities as i have discussed
in the past how cycles are dynamic and can vary in
time and magnitude...
yes lows are important and need to correctly
identified but only on time frames like
18m, 3 yrs, 4.5 yrs , 7,9 to 10 yrs etc...
generally yeah u could divide a cycle up into
3 parts and say two parts are impulsive and the
last part corrective but it all can vary from time
to time...
below chart is what i found on the internet
and I have highlighted 'hurst like cycles' which
are dynamic and clearly differ from more rigid
longer term analysis...
generally major lows tend to all align but u can
see if ur cycle analysis is not 'dynamic' then cycles
seem confusing and out of sync....
i guess the K wave theory is still sort of highly
subjective (along with multi decade forcasting)
hence why no real long term deflationary periods
have occurred yet as suggested to bottom in 2014....
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