What Does a Fractal Look Like?

What Does a Fractal Look Like? And What Does It Have to Do with the Stock Market? By Elliott Wave International Although Ralph N. Elliott came to his conclusions 50 years before the new science of fractals blossomed, he took a step that current observers of natural processes have yet to take. He explained not only that the progress of the market was fractal in nature but discovered and described the component patterns. Find out more about the stock market and fractals in this excerpt. Read more.

DAX intraday update (Parte 1)

Tuesday, December 16, 2008

Através deste gráfico podem perceber porque não gosto de ondas iv's.

Poderemos estar a desenhar um triângulo pequeno, num triângulo maior, e pela contagem do pequeno (numeração azul) poderemos subir mais. Todavia, pela contagem do triângulo maior (numeração preta) poderemos descer. Leitura confusa nestes valores, pelo que vou aguardar pela obtenção de mais dados para completar o "puzzle".

Through this chart you can understand why i don't like waves iv's.

DAX may be drawing a small triangle inside a larger triangle and according to the count made from the smaller one (blue numbers) it could rise even more. Though the count made upon the larger triangle (black numbers) tell us that it could fall. So, at this level, we have very confusing readings. For more conclusions i will need more data to understand this "puzzle". On the other hand, don't forget that the waves "e's" can be shorter or longer than expected.

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