Friday, July 22, 2011

S&P 500 ~ Fractal ~ 22 July 2011

Earlier this month I recieved a very interesting chart from Miguel (thanks for the charts ; )).

He wrote that March/early April and June/early July were very similar and that we might see a bottom mid July and then a rally into early August.

That's an updated chart I got yesterday:

As you can see the fractal has been spot-on! If the fractals continue to correlate we should see a small pullback today/Monday and then another surge till early August. Let's see if it continues to work. ; )