You rarely find such a clear cut wave structure. I know Elliottwave will be for most readers a more exotic form of analysis and the interpretation doesn't always seem conclusive, but a fair amount of participants apply these tools......
One of the most useful concepts of EW is the idea of SOCIONOMICS with tries to deal with Sentiments and Emotions as endogeneous factors of economic analysis, rather then exogeneous ones.
In plain english, Socionomics always starts with People/ Emotions and Sentiment as driving factors that later translate into stock prices and real event like wars, elctions etc. rather then the other way round where events like a 9-11 trigger the emotional change that triggers ....
for more info pls go to
Todd Harrison's Minyanville and there particularly the daily 5 things series goes into the same directions....and also is really hillarious....
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