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 daily update

Wednesday, March 25, 2009

SPX complete 5 waves and maybe this mayor wave "a" or "1" is complete. However the last half hour to close SPX make me think about one extention on the wave v of mayor "a" or "1". So far the market is very bullish so the odds are better on the bullish case. If we broke today highs maybe this uptrend close on 880-900 points. If this is already the mayor wave "b" or "2" i still think the 750 is the final target.

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