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 3)

Wednesday, May 27, 2009

Not time to do any chart but i covered again my shorts due DAX and CAC made correctives patterns. So for SPX cash i think this wave ii will be made like abcde and in cfd's is doing wave b of ii. Maybe it's missing one last wave to do the 92x's.

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SPX intraday update (Part 2)


What a boring day :P.

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DAX intraday update (Part 1)


Maybe is missing one wave to finished this wave iv.

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SPX intraday update (Part 1)


SPX cash is more bearish than SPX cfd's. So my primary count is that. First SPX may correct something and then go up to finished this wave ii. This last up side
is in agreement with the new highs on DAX. Will be the last breath of the bulls on short time frame?

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SPX daily update


Not change my count but until the 925's i will increase my shorts again (covered my shorts at 880 and enter long until 905).

P.S. For DAX this chart is still valid
http://1.bp.blogspot.com/_XX1K8deKkBE/Shp3WyFR8AI/AAAAAAAABMU/qfXMiE7Y5CE/s1600-h/dax.jpg

EDIT on 27/05/2009: Make more sense this count.

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