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 intraday update (Part 1)

Thursday, February 11, 2010

For the bear case and my primary count the top was made! Let's see if wave v already finished.

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SPX daily update

These last days, since the last week lows, show us some messy patterns. So I decided show 3 different counts.

The first is my primary count and is agreedment with my primary count at medium term (the price action still intact).

The second is my alternative count and showed that SPX is doing wave ii of my alternative count at medium term.

The last is less possible count and suggest wave ii of iii of the primary count at medium term already finished.

For now I don't have any count for the bull case. So the odds still suggest wave P3 already began!

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GBPUSD Update

Possible bearish gartley underway at short time.

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EUR/USD

short term:




Zoom In:




The odd's poiting down.

Good Luck

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