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 daily update

Friday, May 27, 2011

Back again on business :). After some weeks, at medium term, everthing still the same.
So, I still expected new highs at short term. This last wave (5) seems very choopy and is labbeling a bearish weadge pattern.

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SPX - by moguita - update

Thursday, May 26, 2011


A slight change in the leading diagonal since last update.
We are in a very important point, market is testing (trying to breach) the LTD that lasts for 9 months. The EUR/USD is also flirting with the possible neck line (see last update).
If we breach down this levels market could move fast, so , if this count is correct tomorrow we must see a sell-off.

Good luck

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EUR/USD

Monday, May 23, 2011


Quick look.
Looks perfect...for now
Good luck

PS: don't forget the possibility of a trap

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SPX - by moguita - update

Wednesday, May 18, 2011


Good luck

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SPX - by moguita - update

Monday, May 16, 2011


Looks like we had another H&S trap. To be a real one i expected a test to 1340 level and then a rally up, but 1340 didn't hold.
Next days should be interesting...

Good luck

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SPX - by moguita

Friday, May 13, 2011


A diferent chart today. Is the weekly
At the bottom of 2009 we had a bullish "engulfing" pattern. Now we have a bearish "piercing" line.
Now we are seeing a series of bearish divergencies similar to the bullish ones in 2009, but we still need to break the 1250 level to a confirmation.

Good luck

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SPX daily update

Wednesday, May 11, 2011

Looks like wave e or v is underway. Expect new highs at short term.

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SPX intraday update (Part 1)

Friday, May 6, 2011

Not sure if wave d or iv from last chart already finished. Maybe today's gap was wave b of d or iv.
More charts during this weekend.

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SPX daily update

Tuesday, May 3, 2011

Following one of my last charts I believe wave c or iii is still underway!

EDIT: I want to sayed wave d or iv and not wave c or iii.

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SPX daily update

Following my last charts seems wave iii or c finished today so I expected some pullback at short term. Tomorrow I will show my charts at medium and short term.

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