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 daily update

Thursday, July 23, 2009


What seems to be an ending diagonal is now a blue wave 5 developing in full power...

I think that 1000 points will be attacked next week in conclusion of red wave 1.

Best to your trading.
PH

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My view from 666 low


This is my count from 666 low. I made it yesterday since i was about 3 months away from the markets. I'm a very simple counter, the simplest explanation tends to be the most correct.

Regards
PH

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Wednesday daily SPX update


Hello! Waves are overlapping. Examining the CFD's 10 min chart we can see series of abc´s that suggests a blue 5 developing in ending diagonal. This is consistent with the 956 false break scenario. One more push higher and market should retrace for a red wave 2.

Have a good trading day.
PH

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