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

Monday, November 30, 2009

Two possible counts still underway, the bullish (wave B finished) and the bearish (wave B is underway doing a double zig zag). Despite this mess the odds suggest new highs  (wave C) soon. Today's action appears wave B still underway but sometimes is better wait to see what happen.

P.S. My last chart still my primary count.


SPX intraday update (Part 1)

I prefer count this wave, since friday's lows, as an simple abc so it´s possible this wave B didn't finished. However this market still very hard to labbel the waves at short term.


Bohemian Bankruptcy - A tragedy by Drag Queen

Today I bring for my weekend's clip this excellent funny work that I saw at Bob Campbell blog (http://fibonacci-financial.blogspot.com/). It's another good EW's blog that you must visit.



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