Oil: Hurst Cycles - 24th May 2022
A gentle bullish rise from a low of at least 20 week magnitude in April hits targets around 115. We look at the next moves in the price of oil as larger components continue the peaking process
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