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)

Wednesday, March 30, 2011

Eureka.... Finally I feel more confident with my count at short term. This count made change my count at medium term. These last days I tried to avoid showing my count but now I'm sure and (after all) SXP is still underway wave 5 of C at the big picture (Count 1 or count 2).
At short term I believe at new highs and it's possible an inverted H&S is underway. So, I expect this trend, since 2010, will last more some months.

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