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 (Part 5)

Monday, June 1, 2009

My shorts were stoped but some correction type seems near. Reenter short below 940 with stop at the highs session.


SPX intraday update (Part 4)

Time to short!


SPX intraday update (Part 3)

One more high and then let's see what will happen.


SPX intraday update (Part 2)

My alternative count for SPX. We must be careful because this possible movement will accelerate to one side.

P.S. The bear (yesterday update) and bull (today update) counts are similar for DAX.


SPX intraday update (Part 1)

Nice gap to enter short but maybe is still missing new highs on short term.


DAX intraday update (Part 1)

Finally new highs were made for DAX :). Now let's see if this wave will be extended.


SPX daily update

I change may SPX count cause the futures made already 927 points and exceeded the beginning of my wave b. I think SPX is doing a corrective combination cause the pattern seems very similar if you compare the chart with the Figures below.



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