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.
At medium term I didn't changed my count and still believe SPX must go test, at least , the 1000 area. The short term count still very choppy and unclear. However, I expect some reaction to the downside in the next days. My indicator didn't changed since last day.
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