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 1)

Friday, August 14, 2009

No time for any chart but we are in the same swamp as the previous days (weeks) so a lot of different readings are still possible. The diferent valid counts are:
Wave B doing double zig zag (old count in the big picture); wave b of v of v (last count in the big picture); possible triangle.


Hello friends.

In the sequence of my weekend update i leave you the Dow transportation index chart. I think rose wave 4 is done and that we have started a final sequence of waves. Plus, there's a pretty nice channel that deserves "maximum respecto" ;)

Best to you trading



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