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, March 4, 2009


The minor wave iv is developing. Possible targets between 740 and 780 points.

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DAX daily update




So, as i suspected during this morning, wave IV is developing. Since minor wave 1 was higher than wave 3 i will give 3 alternative counts for DAX. With this rebound i believe that this principal wave V is doing some king of abcde correction.

Targets to have attention: 4055 (38 % retrace) and 4175 (50 % retrace).

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SPX update intraday (Part 1)


An alternative count for spx. With the DAX strong i must have an alternative count but confirmation of the possible wave IV only with a new higher high.

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DAX intraday update (Part 1)



DAX continues strong so maybe this is the wave IV...or maybe not :). Two different counts but now seams that this is the wave IV less strong than expected.

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