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

Friday, March 5, 2010

Today's action suggest the market is exhausted but at same time is missing, at least, one spike to new highs (maybe the final target will be the 113x resistence area as I showed in my last charts). Since yesterday the odds suggest an wave iv was made, labelling an triangle. Tomorrow or monday may finished this entire wave (i or ii according the different options). Good night to all!

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