I am trying to determine whether an object of my recent research is actually a "perpetuant" in the sense of Sylvester and classical invariant theory. There are a few papers on the topic, including Kraft and Procesi's very recent one, but the language and notation is far removed from what I am used to.
Primarily I just need to know the "natural habitat" of perpetuants. Let ${\rm SL}(2,\mathbb{C})$ act naturally on the space $\mathbb{C}^2$, and consider the entire symmetric algebra $S(\mathbb{C^2})$, rather than the usual space $S^m(\mathbb{C}^2)$ of binary $m$-forms. Then are perpetuants certain ${\rm SL}(2,\mathbb{C})$-invariant elements of $S(S(\mathbb{C^2}))$? Or do they live in a different space altogether?