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.
Thursday, June 21, 2012
Monday, June 11, 2012
Sunday, June 3, 2012
Since the 2012 high's and following my long term count two counts are possible:
The bearish count is valid if you believe in a truncation in the first wave to the downside.
After two months away due the excessive work and several deadlines to perform I think it is recommended show (again) my big picture charts.
Only to remember, I'm follow this chart and I believe SPX is underway an wave 4.
The big question is whether the wave b or d is already finished or will do a triple zig zag.
Maybe the next chart (medium term count) give me some clue!