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.

GBPUSD update

Monday, November 23, 2009



As expected rebound begans on GBPUSD. 

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SPX intraday update (part 2)

Since today's highs SPX made an impulsive wave. For the short term I'm not sure about the degrees of these waves.

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DAX intraday update (Part 1)

Until the last highs DAX made a flat wave (3-3-5) so despite my last update I expected new highs soon. Latter I will show my charts.

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SPX intraday update (Part 1)


Until new signals I will considerate this downtrend dead.

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DAX daily update



The waves aren't clear but at short term DAX showed some weakness signals. It's the P2 beginning at DAX? I don't think so. Only see some correction pattern despite waiting for a new lower low.

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SPX daily update


Since the 1113 I can see in cfd's chart only one abc. For the moment it's possible a double zingzag once I count on another indices five waves down since last week highs (e.g. DAX).

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