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 intraday update (Part 4)

Monday, May 11, 2009

Welcome Mr Choppy.


SPX intraday update (part 3)

Some triangle (wave iv) or an ending diagonal/wedge in this possible wave v.


SPX intraday update (Part 2)

Triangle in play (as you know triangles are hard to count). Don't see any reason to enter short. For me this is still a corrective wave.


SPX intraday update (Part 1)

An alternative count due maybe SPX still in wave iv (some triangle).


SPX daily update

Hope the weekend was good for all of you. For now this seems to be the best count for SPX. Possible test to MA 200 will be the next and final (?) target of this uptrend.

Do you remember this chart?




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