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, August 27, 2009

Finally wave iv finished today and SPX began wave v ( i of v completed and close at ii of v). Latter i will show my charts.

EDIT: I expect new highs tomorrow or monday and then we will see what happens... True blood or only another simple correction.


DAX daily update

DAX is also doing a wave iv (see my last SPX update), so i expect new highs to finished this wave since the 5165 points.


SPX daily update

After this session the waves were more clear and suggest SPX is doing wave iv since monday. So i expect at least one more high to finished this wave i of C (conservative count) or C of Z of P2 (Infernal count).



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