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.
Monday, October 25, 2010
Nothing changed since my last update and the channel is still intact. The bulls are still in control and the bears must wait for better days.
Friday, October 22, 2010
The count is not perfect and the waves at this point aren't clear.
Despite this, with today's highs I will expected higher values in the next days.
For now is better follow the trend and the bears must wait for some true bearish signal.
Thursday, October 21, 2010
New highs means extention of this wave 5. Latter I will show my charts.
Monday, October 18, 2010
At short term didn't like the last pattern since the last highs (looks corrective) so is possible (again) another higher high. For the medium term and for the bear case everthing still the same. For the bull case decided to show a ultra bullish count.
Tuesday, October 12, 2010
Monday, October 11, 2010
Thursday, October 7, 2010
Since my last update nothing changed! The bears need a strong pulback to show that the short term trend changed. For the bull case this last wave v must extended a little more for despair of bears.