I would have thought predictions of market fluctuations without the use of differential equations or other concrete mathematical definitions would be laughed at, in 2016. Wikipedia: Cannot believe that the head of HSBC would pay heed to this technique. C'mon, you saw the potato I posted, you really think it was coincidence that thing looked a dude, man?Elliott wave analysts (or Elliotticians) hold that each individual wave has its own signature or characteristic, which typically reflects the psychology of the moment.[2][3] Understanding those personalities is key to the application of the Wave Principle; they are defined below. (Definitions assume a bull market in equities; the characteristics apply in reverse in bear markets.)
Critics say it is a form of pareidolia.