Note that both charts represent the same number of days. The similarities are eerie. Of course, there's a rather fine line between pattern recognition and ... schizophrenia :P
Alas the bottom on the 2008 chart will have come earlier, but if we do bottom in the next week or so, the similarities between these two charts merit attention. Can such synchronicity be due to chance alone? I strongly doubt it (which doesn't necessarily mean there's not some other innocent explanation).
More evidence that silver has bottomed?
3 comments:
Alas the bottom on the 2008 chart will have come earlier, but if we do bottom in the next week or so, the similarities between these two charts merit attention. Can such synchronicity be due to chance alone? I strongly doubt it (which doesn't necessarily mean there's not some other innocent explanation).
GM - you might be interested in this, re: fractals:
http://www.thereformedbroker.com/2011/12/20/fractals-and-time-frames/
Thanks for the link - I suspect it *is* some kind of emergent phenomenon out of chaos.
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