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.

DAX daily update

Tuesday, April 14, 2009


After some weeks away i decided short again DAX. As i told this afternoon, new highs would perfect to enter short. Despite this and to have a similar count with SPX i made a few changes in my count. I will take into account the DAX behaviour if tested the green trend line.

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SPX daily update



Despite this decline and knowing the alternative bear count i still prefer my principal count, until the broke of the trend line (bold green). On the other hand, this last movement until know don't seems impulsive so maybe is possible new highs during this week. Despite this count, i enter short today. For me, the bull case chart is "finito".

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DAX intraday update (Part 3)


Control de trend lines. New highs and i will began to short dax.

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DAX intraday update (Part 2)


So far so good :).

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SPX intraday update (Part 2)



My alternative bear count for spx.

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DAX intraday update (Part 1)


I find 5 waves in DAX but i don't think this upside is already completed.

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SPX intraday update (Part 1)


My two cents for todays session. Small impulsive waves for principal wave 3 no? Any comments?

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SPX daily update




New highs were made! And now? Well, i need more data to understand better this pattern.

In the bear case, on SPX cash, since last week lows, we can see 5 waves done. However in cfd's, SPX made an interception with the possible micro i and iv. So, in Cfd's i'm count this pattern like an ending diagonal triagle or a rasing wedge. Consequently, SPX can made one more high to finished this pattern.

In the bull case (each day that pass i like less this count), SPX may will do a small retracement but must accelerate this upside with a good rally.

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