A little blurry at this point in the fractal, so it's either up or down from here
.The 1980 point in this fractal comparison suggests that we must "double top" next (per the tailed stick), then tag the quarterly 8ma (roughly 1328 or so). This was the 1980 sequence of events. But we're into the 2nd quarter now, where we should instead be making a low into the 8ma according to that old blueprint. Go figure.
I got curious with the mention of 6-year cycles, and ventured myself into being intriged by the fractal resemblances in this quarterly chart. (Also, notice the 6-year BB ascending bottoms roughly 74/80/86/92/98/04?) A toss up for this quarter, but maybe it says that we just spin our wheels for 2-1\2 years (after that new high), and visit the 2004/2006 bottom diagonal barrier a couple of times. Just pinning this on the board as a curiousity.
Edited by spielchekr, 01 April 2007 - 03:47 PM.
