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 - short term count

Thursday, February 21, 2013

At this point this is my primary count for the short term count.
The bears need an impulsive wave to the downside to confirm my medium term count! Let's see what "they" will do.



After more than 100 points, since my last update, is time to be short and wait to see what the SPX will do with my medium term count. It will be important understand the pattern of this downside to understand if my medium term count is correct.
For now, the bears need an impulsive wave to the downside.



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