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Fractal Update for Thursday

Started by Frac_Man , Jan 04 2007 10:35 AM

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2 replies to this topic

#1 Frac_Man

Hank Wernicki M.A.

Traders-Talk User
1,458 posts

Posted 04 January 2007 - 10:35 AM

This fractal has unfolded exactly for lower prices. F3 extended
sideways just like the smaller f3 and then the Big drop.

If you scale this base fractal over the past 11 days you can then
see the tops and bottoms

1400 is still a target and then probably the big bounce up again

We have to wait and see what happens at the F4 bottom

enjoy

Hank

http://www.elliottfractals.com

My Webpage

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#2 mdwllc

Member

Traders-Talk User
574 posts

Posted 04 January 2007 - 01:38 PM

Hank: I'm not all that familar with "Fractal" techniques..I have been to your web site and can't any basics...do you have any suggestions for a novice just to understand the concepts? TIA Mike

Lead, Follow or Get Out of the Way...

Be Sure to Perform Your Own Due Diligence

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#3 Frac_Man

Hank Wernicki M.A.

Traders-Talk User
1,458 posts

Posted 05 January 2007 - 09:36 AM

Mke, visit my blog where I try to explain the fractals

Hank

it takes some time