Cyclic theory
Hurst cyclic analysis theory: price model, principles and empirical foundations.
Theory of cyclic analysis applied to markets: how Hurst (and others) model price, which principles govern the model, why cycles repeat.
Menu → Market Cycles → Cyclic theory — Here you build the «why» and the model. Technical terms live in Glossary; operational techniques under Market Cycles → Methodologies. If you do not know buy, timeframe, or trend, start at Concepts.
Encyclopedia — where foundations sit
| Level |
Hub |
Typical question |
| 1 |
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What does «cycle» mean in general? |
| 2 |
Foundations ← you are here |
How does Hurst decompose price? |
| 3 |
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What does «envelope» or «MD fluctuation» mean? |
| 4 |
|
Who wrote all this? |
From theory to practice: Market Cycles → Hurst tradition (book path) → Methodologies (techniques by phase).
Recommended path (Hurst Ch. 2)
Prerequisite — Chapter 1 in Hurst tradition: operating philosophy, compounding, four pillars. Then return here for the theoretical core.
| # |
Entry |
What you learn |
| 1 |
|
Price decomposition into components |
| 2 |
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Five principles of the model (1970) |
| 3 |
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5–10–20–40–80 day hierarchy |
| 4 |
|
Visual tool (glossary) |
| 5 |
|
Multi-cycle envelopes (glossary) |
Next operational step: Ch. 3 in Methodologies — Chart pattern verification.
Topics by study phase
Hurst cyclic model (Ch. 2) — ✅ golden path
| Entry |
Status |
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✅ ready |
|
✅ ready |
|
✅ ready |
|
✅ ready |
Why prices change (Ch. 9)
| Entry |
Status |
|
✅ ready |
|
✅ ready |
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✅ ready |
|
✅ ready |
Spectral analysis (Ch. 11)
| Entry |
Status |
|
✅ ready |
|
✅ ready |
|
✅ ready |
Do not confuse with…
| Entry |
Where |
Why |
|
Concepts |
General idea, school-agnostic |
|
Foundations |
🟤 skeleton — to rewrite |
| Timing techniques |
|
«How to», not «what is the model» |
