What does elliott wave mean?
Definitions for elliott wave
el·liot·t wave
This dictionary definitions page includes all the possible meanings, example usage and translations of the word elliott wave.
Wiktionary
Elliott wavenoun
A wave pattern used in some forms of technical analysis of securities prices.
Etymology: Named after R. N. Elliott (1871-1948)
Wikipedia
elliott wave
The Elliott Wave Principle, or Elliott wave theory, is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology and price levels, such as highs and lows, by looking for patterns in prices. Ralph Nelson Elliott (1871–1948), an American accountant, developed a model for the underlying social principles of financial markets by studying their price movements, and developed a set of analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves. Elliott published his theory of market behavior in the book The Wave Principle in 1938, summarized it in a series of articles in Financial World magazine in 1939, and covered it most comprehensively in his final major work, Nature's Laws: The Secret of the Universe in 1946. Elliott stated that "because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable."
Numerology
Chaldean Numerology
The numerical value of elliott wave in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of elliott wave in Pythagorean Numerology is: 9
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"elliott wave." Definitions.net. STANDS4 LLC, 2024. Web. 23 Dec. 2024. <https://www.definitions.net/definition/elliott+wave>.
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