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

Thursday, January 22, 2009

Another difficult and complicated day for the bulls. When everybody expected rises for today, SPX decided counteract. During all day i thought, everything's normal, despite the high retracement, but the reaction after the test of the 839 points made me think about it. For this reason i will show two possible counts and beware the possible triangle that can be being drawn.


SPX intraday update - Dangerous Channel for the bulls


DAX intraday update (Part 2)

DAX had done already the principal wave (A) and is doing the principal wave (B). Maybe this principal wave will be on 3-3-5. I don't think that this uptrend had finished.


SPX intraday update (Part 1)

My two cents for SPX.


DAX intraday update (Part 1)

DAX already made 5 waves so i think this is the wave (b) of ii.



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