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.

SPX update

Wednesday, December 17, 2008

Presentemente estamos a desenvolver a subonda "c" da onda "e". Se fizermos sub a = sub c teremos o target final da onda "e" nos 911 pontos. Se por outro lado C=1,6*A então target será de 944 pontos. Resumidamente acredito que até ao final da semana teremos um novo downtrend que poderá levar a uma correcção de pelo menos 50 % de Fibonacci (+-800 pontos).

SPX have similar count of DAX, so currently we are developing the sub wave "C" of the wave "e". If sub C = sub A the final target will be 911 points. If sub C = 1.6 *sub A the final target will be 944 points. Briefly (at least at the end of the week) i believe that we will have a new downtrend that could lead to a correction at least 50% of Fibonacci (800 points).

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