Stock-Markets
Best Financial Markets Analysis ArticlePROPHECY - Or plausible consideration of cyclical relationships, and fractal repetition
If one embraces the notion that cycles exist within economies and financial markets, and that, progressions within cycles are fractal and of various size and degree, one must then conclude there is a dynamic level of general repetition continuously occurring across various timeframes. The footprints of such fractal repetitions record themselves continuously via data points plotted across the axis of price and time. They do so through recorded price chart data gathered throughout the course of history. Furthermore, if one successfully employs and relies upon the use of price chart data to detect various trends in current market behavior, one is also likely to consider the utility in comparing similar relationships of past price pattern behavior with those of the present. Such endeavor provides a useful means by which to anticipate or narrow down a host of plausible future outcomes.
One such method is to employ the use of chart analogs that compare price behaviors of the past, which correspond best to those in the present. Analog an*a*log (noun) U.S CHEMISTRY A chemical with a similar structure to another but differing slightly in composition. Below is one such analog study of the Dow Jones Industrial Average.
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