Fractal structure of SPY

Discussion in 'Technical Analysis' started by Collapse, Oct 8, 2023.

  1. Collapse

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    2023-10-09_065343.png

    TF = H1

    Instrument: https://www.moex.com/en/contract.aspx?code=SPYF-12.23

    Сhaos theory is sensitive to initial data... But unfortunately, that's all the market data I have. I'll try to concatenate/keep old contracts in the future.

    Current price + 10% = nearest (dynamic) resistance and potential (fractal) target.
     
    Last edited: Oct 8, 2023
    TrAndy2022 likes this.
  2. TrAndy2022

    TrAndy2022

    Could you post EURUSD analysis too ?
     
  3. Collapse

    Collapse

    I'm afraid that even a large number of examples will not convince skeptics...

    Try to make money on SPY.
     
  4. TrAndy2022

    TrAndy2022

    I am only in FX interested at the moment. Could you post FX charts and more regularly please. Or forget the whole thing here. And no one has interest. Can you actually make money with your analysis ? Good money ?
     
  5. rb7

    rb7

    How about explaining your chart?
    Seems interesting, but I have no clue what it means.
     
  6. Collapse

    Collapse

    In terms of waves: I expect the third (upward) wave to appear.

    In terms of fractals: I expect the blue figure to expand from the starting point (similar to the white one).
     
  7. TrAndy2022

    TrAndy2022

    Sorry but long SPY at the begin of seasonal long period, it seems for me that could be just a lucky trade even it goes into profit. You should show more examples, if you want to look seriously. Otherwise I must think you have no real trust in your findings. Please post more analysis charts. One actual chart is clearly not enough.
     
  8. Collapse

    Collapse

    It's not a matter of guessing the direction, but the ability of indicators/algorithms to join the movement. I haven't shown this yet.