Think of historical progress as 3 steps forwards, two steps back before continuation pattern. Elliot wave theory is shown as a quantum event and integral part of nature, including financial markets. Explained in fractal and sacred mathematics patterns occur in a non-local and parallel way to the news or what seems to drive the markets. Part of the fascination I have is how it aligns with the fibonacci sequence. With this understanding, it is possible to project price movement via chart analysis and the particular repeating chart patterns that can be counted. We may then forecast when so-called corrections (major and minor are due) and the differences between these interuption waves, corrections and reversals.

A fellow steemian on here renewed my interest recently. Check out @haejin