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 intraday update (Part 1)

Tuesday, May 26, 2009


I haven't words that describe this pattern :))).

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SPX daily update



My last SPX update is still valid so i expected another test at 87x's area and then maybe new upside with out new higher high.
Moreover everybody sees an H&S's but despite being also short on SPX i will be very careful and see the reaction at the 870x's area.

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DAX daily update



Finally had time to count DAX and the patterns are messy. So i will be careful with my shorts cause this pattern is corrective and at same time i can see a possible inverted H&S's. To invalidate my count the 465x's points must be broken hardly. Maybe DAX will do another higher high when spx complete the wave ii of his downtrend.

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