ES 3-2-23
Apparently Hurst cycles have had a major low due from now to the 6th for some time
And from Sentimentrader:
SentimenTrader
@sentimentrader
ยท
Feb 15
In the four months since the S&P 500 bottomed, it has enjoyed a historic cluster of days with more than 80% of issues or volume advancing.
Since 1950, here are the one-year returns following every similar cluster.
+36.0
+35.7
+18.4
+11.6
+12.3
+37.0
+21.7
+14.0
+17.4
+33.3
SentimenTrader
@sentimentrader
ยท
Feb 15
In the four months since the S&P 500 bottomed, it has enjoyed a historic cluster of days with more than 80% of issues or volume advancing.
Since 1950, here are the one-year returns following every similar cluster.
+36.0
+35.7
+18.4
+11.6
+12.3
+37.0
+21.7
+14.0
+17.4
+33.3
buying at 3944
I`ll take a quick exit at 3952
out at 3952,profit of 8 on each .Watching..this rebound so far could be a bear flag.
Going in for a buy scalp at 3946.50
Raising my stop to 3839.00
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