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 - alternative count at medium term)

Thursday, December 30, 2010

Some alternative count, at medium term, send by a good friend.
For me the odds don't suggest this count but as you know ... in the markets everthing can happen!

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SPX daily update

Despite my last alternative count, my primary is still the same.
Expect some retracement at 126x's-127x's and then let see which is the correct count. At these values is important keep your mind open to another possibilities.

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