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.
I tried to made a bull count for DAX and this is the result :P. However, i'm not married with this count due the wave i pattern. At the same time, the last week movement was more powerfull and may indicate that DAX is already on wave iii.