brighton
earlier this year, i suggested that the nasdaq may still be following the dji fractal from 1929 - with its equivalent high back in 2000.....meaning that index saw its all time low in 2003 and the higher low in march wouldn't be taken out.
i also favour 1970s based on my moving average grid. if so, again ....march lows should hold up.
thu, looking a fractals is a fun past time but not something i hold to dear when trading.
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