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, December 14, 2009

Laterization is the name and for now seems the bulls are winning this battle at short term. After 1 month at this "battle zone" the bulls have everthing to conquer another territory. On the other hand the bears need a good selloff and conquer the 1085 points.

At "big picture" I will keep my primary count but at same time will began to take attention at my alternative count. So with these two charts the top of this P2 may will be between the 113x's and the 116x's.


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