This chart maps out the territories QQQ will trade in, I use stochastic analysis. I've included the results of the previous moves to show how accurate this method is. For a high level description:
- the colored funnel extending from a peak or valley is the local territory price will trade in
- the trajectories of the same color of a territory are the expected...
This is an update for my markov analysis of BTCUSD (2 updates preceeded this which are linked as related ideas and describe the concept and methodology).
I will keep this one simple and you can refer to the previous ideas for details. BTC has been following this pretty nicely and any anomalous leaps over 1 transition state in a truncated period have been punished...
