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 intraday update

Friday, April 5, 2013

Quick update....two options for this wave 3.


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spx update

Seems SPX is labeling a double zig zag after the yesterday selloff. This wave 2 may have already completed but I am convinced that when finished there will be a huge selloff.

At long term my primary count suggest SPX is under wave D.

Good trades to all.

 EDIT:
Last chart of the day! The ending diagonal at medium term and the ending diagonal finished this week looks very similar!

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