Markets And Wave Pattern Formation
Because millions of people actively participate in the stock market, a living wave function will occur within the price pattern of an individual stock, ETF or index. This interactive process creates patterns in price and time—movements, expressions, waveforms, time cycles—with a predictable order that can be measured, tested, validated and used as a tool for stock market analysis.
Stock price movements are fractal. Since patterns of price behavior tend to repeat themselves along all time frames, how stock prices will react to a given set of conditions can be surmised with a reasonable degree of accuracy. This is because stock market movement is a manifestation of the actions of a great number of individual traders.