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 1)

Wednesday, June 24, 2009

Seems SPX is in wave 3 of C of (ii) of iii. Maybe the top is on 912 points.

EDIT1: Maybe SPX is already in wave 4 of C of (ii) of iii so the 912 points to a final target of this wave seems until now preety good.

EDIT2: 5 waves down since 910 points so new impulsive wave began. Stop at the today highs.

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