Originally Posted by
adam ali
Thanks for this, Mike.
I want to make sure I was clear with my original question - I'm only speaking about the Sornette chart. Not being familiar with the maths involved in constructing it, I just thought I'd ask if there was in your estimation a level/range of price where the Power Law chart no longer "works". Right now it appears to be tracking very precisely.
Adam, now I understand. Here is an updated Log Periodic Power Law chart including a future trajectory. A significant departure of this chart would suggest that the scenario is not playing out. This post singularity part of the chart is created by reversing the tc and t terms in the indicated equation.
Mike Scott
Cloverdale, CA