“The Wave Principle” is Ralph Nelson Elliott’s discovery that social, or crowd, behavior trends and reverses in recognizable patterns. Elliott isolated patterns of directional movement, called waves, that recur in markets. These waves reflect mass psychological states. The two charts below summarize some of their characteristics.
12 Days, 12 Gifts to Help You Apply Elliott Waves
December 1-12, Elliott Wave International is giving away one free gift per day for 12 days. Each gift is a premium resource that people pay good money for throughout the year, but they’re yours free during this special time of year.
Want to learn more about wave psychology? Or get insights into how to apply Elliott waves to the markets? EWI Chief Commodity Analyst Jim Martens dives deeper into wave psychology and more in his Basics video — your Day 1 gift.
But that’s just the start. There are 11 more helpful resources waiting for you inside the event.