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 may have completed the ending diagonal but seems more appropriate to consider that there is still missing one last wave to finish the pattern.
Potential top will be between 1575-1580. Above 1580 I will consider another options to this last wave 5. Use stop loss and good trades to all.