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.

Good Wekend

Saturday, April 11, 2009

To finished my weekend participation is time to present another great band from Portugal :). To all a great weekend and keep smiling :).


SPX daily update

Today i present two different scenario for SPX, since two weeks ago SPX is in the same area (800-850 points). So, for the bull case, SPX must go up quickly with out reservations. As i told on last week, i will give the benefit of the doubt to the bulls but currently the alternative count seams interesting, after my DAX update.


DAX daily update

Since one week ago my DAX count had not changed. Now, with this pattern almost finished i presented two possible counts for DAX. At short time, DAX maybe will made another higher high but soon can do some correction(at least) of this upside movement.



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