Oil: Hurst Cycles - 24th March 2022
A beautiful rebound from the 40 day nominal low sets up a short to the incoming low of at least 20 week magnitude, expected early to mid April.
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