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 - by moguita - update

Monday, September 27, 2010

This is my long term count. I think market will try to test the upper band, but it's possible that this is already done
Still not confortable with the count in that messy sub-wave, but let's put this one and wait what market thinks about it. One possibility is that we are now in blue iv
As i say before, this iv could be a 4 diferent from the degree i had put in this chart. I start to see possible negative divergence in RSI in daily bases, for that reason i say this is minuete iv...for now

Good luck

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