What is Socionomics? |
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The Elliott Wave Principle
The Wave Principle is Ralph Nelson Elliott’s model of financial
market index price movements. Elliott described how recurring patterns
in price movements link together to form larger versions of those same
structures. In a nutshell, Elliott discovered that financial market price
patterns form a fractal. He detailed the component structures of the fractal
and illustrated how his model could be used to forecast financial markets.
The idea that market movements are patterned remained highly controversial
for decades, but recent scientific discoveries have established that pattern
formation is a fundamental characteristic of complex systems, including
financial markets.
 Continue
to read a capsule summary of the Wave Principle.
Or,
learn about how the human social experience forms a fractal.
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