Analog studies are typically at best a broad delineation of future prices in a comparative market environment. They can at times give a very acute replication or fractal study of price structures (see Here or Here), but their utility to traders usually involves a great deal of interpretation and allowance of the current markets respective nuances. In many ways this is similar to conventional technical or even fundamental analysis, whereas two analysts will find differing conclusions based on their own methodologies of the data.
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Treasure Your Treasuries
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