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, January 18, 2010

The green count is starting to look good. But till i see a big drop in EUR i will stay with the red one.

Good luck


SPX daily update

By my "big picture" is possible one more wave up to finished this expanding diagonal triangle. The bearish count (alternative count) shows P2 already finished.
Despite this, at short term I expected new lows (wave v of C), maybe between 1120-1130.



Using harminic patterns you can see a gartley bearish but by EW's the upside may not finished at short term.


Wheat update

Following the big picture seems wave b or ii will be in some corrective pattern as triangle or flat wave.



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