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.
Finally the wave iv ended :). It would be nice see VIX above the MA50 to have some panic in the markets. No panic no capitulation.
Possible targets for end this wave v of iii of v:
SPX - 700-720 points
DAX - 3500-3600 points