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.
Despite de new lows as I showed on my last chart, my alternative bullish count was invalidated. The trend still down and alternative (bearish) count still alive. My primary count (bearish) also was invalidated. As I said erlier... all decisions (at medium term) were made today! Charts latter!
Today is the day of all decisions!!!
The bears will need a good sell off. The bulls will need to close this gap and a daily reversel candle! Let's start the game :). My last 3 charts are still valid.
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