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 still have only 3 waves since the 1344 but follow my count at short term I believe SPX will do at least 1318-1315.
Since the last high, SPX made only 3 waves, to the downside. My last update, at short term, is still valid but for now the bears must have some cautions.