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 daily update

Tuesday, June 9, 2009




Maybe the abc was completed and now is ready for new hights.
The 53xx's is the delightful area to enter short :)))).

Read more...

SPX daily update


When we have corrective patterns followed with (again) corrective patterns is hard to have a decent count. However i like very much this my last chart :).
Between +-950 and +-922 points SPX in cash made clearly 5 waves so i count this like c of iv of "a" as irregular flat. The spike at the 958 points i prefer to count as the end of wave "a" of X. The typical zig zag since friday i will count as "b" of X. Now the bulls are again in control so i expected new highs very soon however the following patterns are important to confirm my count.

Read more...

Disclaimer

The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by Ourblogtemplates.com 2008

Back to TOP