There is currently some very nice symmetry on the Dow Jones futures chart, in terms of time and price. Looking at history it is evident that markets like to behave symmetrically. Is the Dow Jones about to turn upwards again?
Posts Tagged ‘symmetry’
Euro downturn
The Euro has had a sharp downturn the last 10 days. It is interesting looking at the chart symmetry since 21 Aug 08: From the 21 Aug top it went down for 21 days until the low on 11 Sep, and what is interesting is that yesterday’s low was 21 days since 11 Sep.