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

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.

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