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

Friday, March 6, 2009



The market like to do what everbody don't expect. Yesterday everbody expected a sell off (and we get a rally). Today everbody expect the continuation of the rally and we get this sell off. So it's important to have an open mind and have one valid strategy.

Now we are again in no man's land. I can see 5 micro waves to the down side so this minor wave iii may had finished. On other hand, this wave can me expanded. So, if SPX do new lows, this down trnd my accelerate. If SPX overcome the higher high of yesterday is already on minor wave iv. I will wainting for more signals but i don't trust in this bull signals.

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