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.

DOW JONES update

Monday, November 9, 2009



Hi!

My first post, hope it will be ok for you guys.

Dow Jones seems to have a more clear image than SPX. In the chart is my road map for this move.

Unlike USA, euro stocks and asian seems they already finished P2

Edit: having some problems adding the picture :(

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SPX intraday update (Part 2)


Hard to label these last micro waves but maybe the sell off will begin at the close.

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GBPUSD update


At short time still don't see any reason to short GBPUSD. Seems is at wave iii of C.

P.S. For my dear friend Carlos :).

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SPX intraday update (Part 1)


Possible final target at 1085-1090.

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DAX intraday update (Part 1)


Expect today the end of this wave ii. SPX and DAX are at strong resistence areas and these gaps could mean bulls exhaustion. 

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