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

Monday, August 24, 2009





As everybody know, until August 31 i'm on vacation and enjoy some beautiful days in Algarve. Therefore, don't be surprise if i miss any dialy or intraday update.

Despite this SPX is at his final wave C of this bear market rally and at short time is doing wave iii of wave C. My primary count suggest SPX may do 11xx's and P3 may began at middle of September (see my Table "Fibonacci ratios"). For now is early to short SPX and i will be wainting the end of wave iv of C to began short.

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