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

Thursday, May 21, 2009




SPX activated the H&S's and made a excellent sell off at the end's session. Despite enter short at 915 points i'm still flat and because of that i made two different counts.

Sincerely hope that the bear count is the correct one but maybe i will taking profits at 89x's (depending the waves pattern). The 89x's will decide the next movement, so keep the eyes in this area.

P.S. Tomorrow i will try count DAX.

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