cococandissi.com

There must be thousdands of different approaches to technical analysis of the stock markets. Every commentator has his own style. Most of them, however, are flying blind because they do not understand the underlying natural principles which make the market go. Most of them, too, believe that the economy drives the stock market, when the reverse is the case: the stock market leads the economy. All of this comes into focus only if the commentator who is involved in technical analysis understands Elliott Wave principles. Back in the thirties, Ralph Nelson Elliott discovered certain natural principles which operate at all times and in all places. This was a discovery, not an invention. Once the investor understands the basic rules and guidelines, he will never again view the marketsd in the same light; and he will come to understand that after certain patterns appear, other patterns must necessarily follow.