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 intraday update (Part 3)

Thursday, April 30, 2009


My new count.

Read more...

SPX intraday update (Part 2)


Don't change my last count but is hard to count this nano waves so maybe is missing one wave to new highs.

EDIT: Ups count not valid.

Read more...

SPX intraday update (Part 1)


My micro wave chart.

Read more...

SPX daily update



Sorry the delay but I had to confirm, from the March lows, all the counts and different patterns since i saw alot bullish EW's counts on different blogs. This is my principal count because i count 5 diferent patterns from March lows. SPX must have a decent correction from tomorrow or friday. In the short term count it's possible SPX do another residual high but after that it may fall as a rotten apple.

P.S. Thanks to all, that comment my last update.

Read more...

SPX daily update

Wednesday, April 29, 2009

SPX will made new highs tomorrow? What you think about it? Comment and later i will make my EW's count (it's in my mind and for now it's top secret :))))

Read more...

DAX daily update


The odds suggest new highs on DAX cause appears it's missing one wave to finished this pattern.

Read more...

SPX daily update


Today i was inspired and i put some nice pictures on it. About waves...what i can say? Double zig zag?!?! So, i expected one (and last) wave up to finished this wave (Possible E (with residual higher high) or wave ii of A of B).

Read more...

SPX intraday update (Part 1)

Tuesday, April 28, 2009


I simply hate this waves :((((. Today spx made a perfect test on the trend line and i continue to expect (again) new highs .

Read more...

SPX and DAX daily update

Only now I'm leave of work (midnight in Portugal) so i can't do my updates however my last update is still valid. The patterns are very messy to think that we began the principal wave B. Control the trend line and risk manegement is very important. I'm out with this chopy chopy waves .((

Read more...

SPX intraday update (Parte 2)

Monday, April 27, 2009


My old count is still valid so i change again may principal count and expect new high on sxp to finished this principal wave C. In these days is better control the trend line due i only see abc's and possible correctives waves. This last movement appears to be an abcde wave but the count of this morning is still valid. Messy patterns so i covered my shorts and i will waiting to see what happens.

Read more...

DAX intraday update (Part 2)


Alternative count for DAX (and spx) on short term.

Read more...

DAX intraday update (Part 1)


For now this is my principal count for DAX.

Read more...

SPX intraday update (Part 1)


As i told yesterday, it seams SPX completed an abc (with c=a) and 5 waves since last week lows. So i change my principal count.

Read more...

SPX daily update

Sunday, April 26, 2009



Today i have some time to see SPX charts but the last 10 minutes on Friday's session complicate my counts.
Since the last week lows i already may count a complete 5 waves and a complete abc with c=a. Truly, i was expect a bigger sub wave v to finished this movement at 88x's but with the last 10 minutes on Friday's session, maybe this upside movement had finished our if not the sub wave v (final wave) will do some kind of ending diagonal or wedge to complete this mayor wave C.

EDIT: If SPX didn't made new highs i will (again) considerate this upside like wave ii or B of B.

Read more...

Good Weekend

Saturday, April 25, 2009



Finally weekend. My work is killing me hardly. During this weekend i'll update my charts, but until now i don't see any reason to change my count.

Read more...

SPX daily update

Friday, April 24, 2009



Maybe is missing one wave to finished the wave C. The trend line is very important and the 835-840 area. Below this area the bears win this short term battle, until that the bull are winning.

Read more...

DAX daily update


This last movement was confused and unexpected so, keep in mind the trend line of my chart. I will considerate this movement like "missing wave e" of C. So i only will considerate that this movement is wave ii of iii of C when DAX broke the trend line.

Read more...

SPX intraday update (Part 1)

Thursday, April 23, 2009


I covered my shorts on 845 points. Don't like this upside so i give this alternative count.

Read more...

DAX intraday update (Part 1)


Possible count for DAX.

Read more...

DAX daily update


Similar count for DAX (see my ideas for SPX).

Read more...

SPX daily update

Wednesday, April 22, 2009


Sorry guys, today i had hard day of work and had only time to see the last 30 minutes of the session. However, my last update worked like i expected. Today this wave B or ii had finished, so for tomorrow i expected the continuation of this down side.

Read more...

DAX daily update


Similar count for DAX (see more on SPX daily update).

Read more...

SPX daily update


Don't change my count despite the interception of the micro wave iv with micro i of v of "a" of 2 or B. If this wave "a" of 2 or B is not finished i expected only residual highs.

EDIT: If SPX extends a litle more this uptrend and test the 855 area maybe this count is not valid and the waves "iii" and "iv" must be "a" and "b".

Read more...

SPX intraday update (Part 3)

Tuesday, April 21, 2009


I think this wave is close to finished.

EDIT: My possible wave iv intercept wave i so this count is not valid. Maybe this wave v is doing abcde or already finished. I need more data to understand better this movement.

Read more...

DAX intraday update (Part 2)


Maybe is missing one wave down to finished this wave 1 or A. similar count for spx.

Read more...

SPX intraday update (Part 2)


My count (draft) for this wave v.

P.S. I continue to expect your support by clicking once per day on the AdSence(google's advertising).

Read more...

SPX intraday update (Part 1)


Not change my count despite the small retrace for this last wave iv.

Read more...

DAX intraday update (Part 1)


Finally i have similar counts for DAX and SPX.

Read more...

SPX daily update

Monday, April 20, 2009


Today SPX had a good sell off but tomorrow i expected one small correction and maybe test the 50 % of Fibonacci retracement. Nevertheless, i'm not sure if this wave "iii" already finished.

Read more...

SPX intraday update (Part 2)


Possible count for SPX.

Read more...

DAX intraday update (Part 2)


Possible count for DAX.

Read more...

SPX intraday update (Part 1)


The wedge was broken and the new wave (ii) began.

Read more...

DAX intraday update (Part 1)


The wedge was broken and i can see a possible impulsive count.

Read more...

SPX and DAX daily update

New trend is confirmed. Latter i will show my charts :).

Read more...

SPX and DAX daily update

Sunday, April 19, 2009

Last friday i didn't do any update cause i expected the new trend confirmation. This don't happen but my last charts are still valid. So this new wave (ii) maybe will began on monday, but first it's possible news residual highs (not sure). My stop is on 885 points.

Read more...

DAX daily update

Friday, April 17, 2009


To early to understand if SPX made the top today, but i don't be suprise if will do (residual) new highs. DAX have similar count.

Read more...

SPX intraday update (Part 1)

Thursday, April 16, 2009


No suprises until now. So i expected new highs and then a good sell off.

Read more...

Blog News

Wednesday, April 15, 2009


Time to see another battle... YES WE CAN!!!!!

Read more...

SPX intraday update (Part 3)


Don't like choppy counts but this is what can be doing.

P.S. I continue to expect your support by clicking once per day on the AdSence(google's advertising).

Read more...

SPX intraday update (Part 2)


An alternative count.

Read more...

SPX intraday updayte (Part 1)


Choppy session with overlap weaves, so i don't change my count.

Read more...

DAX daily update

Tuesday, April 14, 2009


After some weeks away i decided short again DAX. As i told this afternoon, new highs would perfect to enter short. Despite this and to have a similar count with SPX i made a few changes in my count. I will take into account the DAX behaviour if tested the green trend line.

Read more...

SPX daily update



Despite this decline and knowing the alternative bear count i still prefer my principal count, until the broke of the trend line (bold green). On the other hand, this last movement until know don't seems impulsive so maybe is possible new highs during this week. Despite this count, i enter short today. For me, the bull case chart is "finito".

Read more...

DAX intraday update (Part 3)


Control de trend lines. New highs and i will began to short dax.

Read more...

DAX intraday update (Part 2)


So far so good :).

Read more...

SPX intraday update (Part 2)



My alternative bear count for spx.

Read more...

DAX intraday update (Part 1)


I find 5 waves in DAX but i don't think this upside is already completed.

Read more...

SPX intraday update (Part 1)


My two cents for todays session. Small impulsive waves for principal wave 3 no? Any comments?

Read more...

SPX daily update




New highs were made! And now? Well, i need more data to understand better this pattern.

In the bear case, on SPX cash, since last week lows, we can see 5 waves done. However in cfd's, SPX made an interception with the possible micro i and iv. So, in Cfd's i'm count this pattern like an ending diagonal triagle or a rasing wedge. Consequently, SPX can made one more high to finished this pattern.

In the bull case (each day that pass i like less this count), SPX may will do a small retracement but must accelerate this upside with a good rally.

Read more...

Disclaimer

The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by Ourblogtemplates.com 2008

Back to TOP