Monday, January 5, 2009

Fractal Analysis



Here is a new script for the next week or so.

Tomorrow we make a new high - followed by an immediate retracement of gains back to the ~ 860 by the end of the week or beginning of next week. Markets whipsaw back through old highs and make slightly higher print followed by the great unwind below 700.

Here is a similar fractal using a different time horizon (daily) verses our current tape represented in the 10 minute frame.
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