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 5)

Wednesday, July 1, 2009


Trend lines and corrective patterns to follow.

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SPX intraday update (Part 4)


Since yesterday lows SPX made a corrective wave like expanding diagonal triangle. This fits with my bearish count.

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SPX intraday update (Part 3)



New highs were made but still thinking SPX is in the same wave since 25th of June. Despite this, the bears are in trouble but i'm still short and prefer the bear count.

P.S. Yesterday everbody expected new lows and today SPX made new highs so when everbody expected new highs new lows will be made.

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SPX intraday update (Part 2)

Something is wrong on this count. Need more data to understand this action.

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SPX intraday update (Part 1)


Until now this upside seems corrective wave. Don't expect new highs.

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SPX daily update


Nothing new to say... only just maybe this wave ii may go to the 62 % Fibonacci retracement.


Follow the trend lines and horizonal resistences and supports.

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