Elliott Wave - Part 1
Elliott Wave Introduction Course
Part 1 Highlights
- Ralph Nelson Elliott believed that human beings move in tune with the universe and these rhythmic behaviors could be predicted in the stock market
- Elliott Wave displays when the crowd shifts from one mood to another
- Elliott Wave is based solely on price data
- Elliott Wave is comprised of 5 waves
- Waves 1, 3, and 5 are thrust waves
- Waves 2 and 4 are corrective waves