Tim Knight explains chart analogs with the simplest example possible. If your neighbor opens the door, flashes the porch lights three times, and puts a cheesecake on the porch ten days in a row, on the eleventh day when you see the lights flash you are going to assume the cheesecake is coming. That is how analogs work: the pattern repeats because the components repeat. He uses this framework to read ratio charts across eight equity-to-metal combinations that all show the same breakdown.
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