Elliott waves can be recreated using the geometrical Time Triads It is a rare chance that you have not heard about the Elliott Wave Theory. Named after Ralph N Elliott, the theory redefined Charles Dow's theory of 1880's where Dow talked about three legged bull market, and compared markets with ripples, waves and tides. Elliott was as much a genius as Charles Henry Dow. Both had the ability to identify market patterns and hypothesised a theory that stands firm till date. The Elliott forecast of a multi-decade bull market made in 1935 at the bottom of the Great Depression can easily pass as the best financial forecast of all time. The work was generational in nature and was carried ahead by a string of elite practitioners Charles J Collins, A J Frost, Hamilton Bolton, Richard Russell and the famous Robert Prechter whose priceless contribution was instrumental in getting Elliott the much deserved attention. The Elliott wave... Elliott wave hypothised that markets move in a 53st...
Simple! Sensible!!
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