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Sensex, TSLA, Commodities: Spot Near-Term Price Pattern, See Long-Term Trend

by Editorial Staff
Updated: September 10, 2020

Imagine a tree. Imagine how each branch is shaped like a smaller tree in itself.

That's a fractal. A self-repeating pattern on all degrees of trend.

The stock market is also a fractal. Smaller price patterns make up larger ones, and the larger patterns look just like the smallest ones.

Often, if you spot a small-degree Elliott wave pattern, you can make a reasonable prediction that a larger pattern -- of the same shape! -- will follow.

Watch as our monthly Global Market Perspective contributor explains more using examples of Indian stocks, Tesla, and commodities.

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