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

Wednesday, December 9, 2009

Hi again.
To minimize my work I had the idea of only changing yesterdays background picture with todays one. Just check it :)


And the market dropped today. I fell the correction coming to an end as we almost hit 61,8 level. My count is saying that we could still spike down to complete 5th wave.

Best to your trading.
PH

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