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 update

Thursday, February 28, 2013

Yesterday I mentioned that today session would be very important to the short term count. Actually it happened!
For now, and with this rally, I changed my primary short term count. Since the last high's SPX made a simple zig zag so the odds suggest new high's  will be happend. For the bear cause (alternative count), SPX finished 2-3-3-1.

With this change, during the weekend, I must (again) review my medium term count (maybe another zig zag will be made to the upside). Good trades!



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