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 7)

Wednesday, June 3, 2009


My microwaves for spx. Must confirm latter :).

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SPX intraday update (Part 6)


No changes in my last count. SPX is still in wave iii (extended wave).

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SPX intraday update (Part 5)


I clarify my counts without truncations and until 94x's (without thinking about micro waves) this is my final and primary count so for now i don't have count for bull case.

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SPX intraday update (Part 4)


Sometimes is hard to view tops or bottoms so change again my SPX count.

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SPX intraday update (Part 3)


After the last updates my primary count says SPX is still doing wave iv.

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SPX intraday update (Part 2)


To choppy for my taste but seems this subwave may test the 930 area.

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SPX intraday update (Part 1)


For now i can't see if the first wave A finished so i let some ideas in this chart.

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SPX daily update


Expected another high at today's session but this not happened. So tomorrow expected new residual higher high (finished wave A)followed by a pullback (beginning wave B).



EDIT: My big picture shows that i expected the end of P2 between 1000 and 1100 points.

P.S- Tomorrow i will try update DAX (big picture and short time frame).

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