Forecasting Markets by Looking at Chart Patterns

The word “fractal” often means different things to the lay public compared to mathematicians. The public tends to think of fractal art while mathematicians think of the formula that generates the art. The mathematical concept is difficult to define formally, even for mathematicians, but the key feature of a fractal is that if you “zoom in” nothing changes, the same pattern just repeats over and over. The interesting thing is that fractals appear quite frequently in nature. From things as small as DNA, to Snowflakes and Crystals, to Pineapples,  Ocean waves and Mountain Ranges, fractals are everywhere. Interestingly, they are also present in the stock market as we look at Minute Charts, compared to Hourly, Daily, Weekly, Monthly, etc.

Charts Say Stocks Could Rise For 10-15 Years

With busy lives and a constant barrage of new information, many investors have a somewhat limited view of history from a financial markets/economic/political perspective.  Albert Einstein reminds us of the benefits of taking a step back to review the bigger picture in a longer-term historical context:

“Somebody who only reads newspapers and at best books of contemporary authors looks to me like an extremely nearsighted person who scorns eyeglasses. He is completely dependent on the prejudices and fashions of his times, since he never gets to see or hear anything else.” Albert Einstein

15 Hand-Picked Charts to Help You See What’s Coming in the Markets

Everyone uses gas: See this chart that shows why its price is heading lower By Elliott Wave International Have you ever seen price charts that tell a story clearly? Here is a perfect example from Robert Prechter’s most recent monthly publication, The Elliott Wave Theorist. By combining headlines from newspapers with the price chart for […]

Bears in Control Until Charts Improve

In this article from Chris Ciovacco,  the Chief Investment Officer for Ciovacco Capital Management, LLC we take a look at where the market is and where it is going. ~Tim McMahon, editor Bears in Control Until Charts Improve From a fundamental perspective, the markets have much to worry about with excessive debt in the United States […]