SPX DAILY HURST CYCLES UPDATE

With all the Covid-19 issues for everyone, including me, with a family of nine, I temporarily put market updates on hold. I've continued to post daily on Instagram @milehighstrategies , but with homeschooling five kiddos last year and four this year, I had to prioritize my time, and this took a backseat for a while.

Below is from my IG update this evening:

If an alternate fractal count, that a wave-b just ended in a truncated wave-e:b, is accurate (second chart), it would allow for the price to push upward into the higher 40-week #Hurst projection, and it appears at this time, that the low I was looking for on or about 10.02.20, was as I thought it would be (from weeks ago), a higher low, and now the nominal Hurst 40-day, 80-day, 20-week, 18-month and 54-month cycles are all pointing upward (first chart).

The next favorite fractal interpretation is that wave-e:b:Y:2 is pushing upward into the end of the month back to perhaps the UTL from the 3.2009 low to the 1.2018 high (also chart 2)... watching.

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