What Is the Elliott Wave Theory?
The Elliott Wave Theory is a technical analysis tool used to analyze and forecast financial markets based on the idea that markets move in repeating cycles of waves. In technical analysis, the Elliott Wave theory looks at long-term trends in price patterns and how they correspond with investor psychology. These price patterns or ‘waves’ depend on rules developed by Ralph Nelson Elliott in the 1930s. Elliott Wave Analysis of SP500 – July 10th, 2023 – EWM Interactive Elliott Wave Analysis of SP500 – July 10th, 2023. Posted: Fri, 07 Jul…
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