Travel to Financial Success

Figure 1. Long-term Elliot Wave analysis posted in 2019  (courtesy:  Elliott Wave Trader ) Elliott  theorized that  public sentiment and mass psychology  move in 5 waves within a  primary trend  and 3 waves within a  counter-trend : [1]   Once a 1-to- 5 wave move in public sentiment has completed, then it is time for the subconscious sentiment of the public to shift in the opposite direction, which is simply the natural cycle within the human psyche, and  not  the operative effect of some form of "news."   Elliott Wave Analysis In [1],  Avi Gilburt  describes  Elliott Wave analysis  succinctly in this way: I have not found any other analysis methodology which  provides an understanding of market context  which exceeds that of Elliott Wave analysis. Moreover, Elliott Wave analysis  does not provide any 100% guarantees . Rather, it  provides us with probabilistic expectations based up...

Video 1.  The Fourth Turning: Why American 'Crisis' May Last Until 2030 (YouTube link ) Video 2.  The Fourth Turning with Neil Howe on The Macro Show (YouTube link ) Video 3.  Neil Howe: The Fourth Turning Has Arrived (YouTube link ) According to the authors— Strauss and Howe , the Fourth Turning (roughly from 2008 to 2030) is a Crisis. This is an era of destruction, often involving war or revolution, in which institutional life is destroyed and rebuilt in response to a perceived threat to the nation's survival. 09/20/2021 SPX Monthly (source: @InvestingAngles) As Robert Prechter . noted in a study he published in 2012 on  Socionomic theory , proposes that unconscious social mood regulates social actions (including our willingness to buy stocks ). Interestingly, it seems to match approximately the prediction of the  Elliott Wave Theory (EWT) which foresees that, after stock market reaches a peak in the year around 2022, it then will ...