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dow prediction ivars adjusted

original chart from tfmetals / turd ferguson blog, link was seen on zerohedge. ivars from zerohedge produced several charts. This is one of them (bottom layer) and I added to it. The jagged red lines & red text are not my own.

The red & green curves are from me. The dashed & bezier red & green price-action estimations are my own.

The top green curve typically matches a curvature of 1.05 to the power of PRICE across the entire list of closing prices on the DOW, SP500, TSX & other correlated markets.

As per flic.kr/p/bA6aHP oil & DOW are correlated.

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Uploaded on March 3, 2012