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.

EUR/USD (2º part)

Thursday, November 12, 2009


So far so good.

Read more...

SPX intraday update (Part 3)


Since last high SPX maybe is doing a triangle.

Read more...

SPX intraday update (Part 2)

Although do not expect, new highs were made :(. Now the counts at short time the counts are messy but at big picture nothing change. Some things to remember:
1) Since July SPX is in the same pattern and doing zig zags. This pattern may have alot of alternative counts (I showed only 2 of them).
2) Bull market is dead and P2 is still alive. This is only one rally of the bear market and.

So, at long term my primay count showed SPX is in the last leg to resume this wave P2 but the alternative count is also very valid.




At short term this new high  shuffle the counts and I changed for an possible impulsive wave. Truly, for now, I'm not sure with this count but the future patterns will take all my doubts.

Read more...

SPX intraday update (Part 1)

Looks since last highs SPX is doing some triangle or another corrective pattern so new highs still possible. Latter I will show my charts.

Read more...

Update EUR/USD

Read more...

Disclaimer

The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by Ourblogtemplates.com 2008

Back to TOP