Projections – a View Back & Forward

Perspective is sometimes quite useful. As a last post in this series discussion the Daily and Weekly market structure projection toolkit, we thought a look at the historical projection compared to actuals and combined with a longer-term forward view might be enlightening in some way for context and an overview of this unique work.

Please keep in mind what this tool is NOT:

  • not attempting to project market scale or symmetry.
  • not attempting to project a trend.
  • not a neural networks guessing system
  • not based on anything indicators/lagging calculations - only detailed historical trade data and geometrics

However, the objective IS to project structural Directional Change over the analysis period on a week by week, day by day basis. Any view to stringing a bunch of projection elements together is distorting their value. A new high projection is not meaningful. Neither is a new Low projection. However, the fact that the market structure is pointing upwards or downwards for the analysis periodicity is the objective and of value.

Market Structure Projection - A Historical and Longer-term View  Forward

Market Structure Projection - A Historical and Longer-term View Forward

 

 

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