Dear Traders,
the following is an update on my previous fractal study.
The adjustments on the Historical Bear Run of 2013/2014 are mainly: volatility & length.
At the moment, accumulation is the main attraction.
Theoretically, August should bring us a fanatical bull flag and mid-September should be the real spring of the accumulation phase, ending the bear season.
I don't think it is wise to follow fractals blindly, but it sure is fun.
Only time will tell.
Have fun & take care,
S.
the following is an update on my previous fractal study.
The adjustments on the Historical Bear Run of 2013/2014 are mainly: volatility & length.
At the moment, accumulation is the main attraction.
Theoretically, August should bring us a fanatical bull flag and mid-September should be the real spring of the accumulation phase, ending the bear season.
I don't think it is wise to follow fractals blindly, but it sure is fun.
Only time will tell.
Have fun & take care,
S.