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 e DAX update

Saturday, December 13, 2008





Esperava uma retracção maior no DAX e SPX, sem no entanto fazer novos mínimos do dia. Após um novo higher high decidi fechar os curtos no final da sessão. Em relação à minha contagem ela permanece na mesma, isto é, subonda "e" em desenvolvimento. Excelente fim de semana para todos.

P.S. Estas ondas correctivas são difíceis de negociar uma vez que um simples abc pode-se tornar num abcxabc ou então num abcde. Por este motivo e apesar de sabermos que esta é uma onda correctiva por vezes entradas contra a corrente antes do tempo podem-se tornar um tanto complicadas. Dito isto, penso que poderemos na 2ª feira corrigir um pouco a subida de ontem mas este abcde horário ainda poderá se estender mais um bocado. Não acredito muito uma vez que temos o antigo suporte dos 887 pontos no entanto estarei aqui para ver se tinha razão ou não.

Sub wave "e" of possible (a) from the principal IV in progress.

P.S. These corrective waves are hard to negotiate because an abc can easily become an abcxabc or a abcde. Therefore and despite we are facing a corrective wave, these several premature entries against the short current can become harder to manage. So, on Monday, hopefully, we can correct the yesterday’s increase, although the influence of this abcde schedule can be noticed for a little longer. Personally, I don’t believe in it because of the 887 points early support, but let’s see whether I’m right or not.

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