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.


Friday, June 22, 2012

With this sell off I will change my bullish perspective to neutral! The principal reason isn't because this sell off but the choppy patern since the May lows.



Thursday, June 21, 2012

Since May lows SPX seems finishing 5 waves to the upside as leading weadge. So, at this point the waves suggest the bullish count (chart 1 and chart 2) is underway.


SPX update

Monday, June 11, 2012

I'm following the bullish option cause the downside pattern seems corretive.


SPX medium term count

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.


SPX big picture

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!


Blog news

Friday, June 1, 2012

New charts will done this weekend!



The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by Ourblogtemplates.com 2008

Back to TOP