Elliott Wave Principle

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A market theory developed by Ralph Nelson Elliott proposing that market prices move in repetitive wave patterns driven by collective psychology.

NEoWave Association

NEoWave expands traditional Elliott Wave Theory by introducing:

• stricter structural validation,
• time consumption rules and relationships,
• post-pattern behavior requirements,
• identification of new psychological patterns and variations.

Glenn Neely's work attempts to reduce the subjectivity of orthodox Elliott Wave by applying measurable conditions to wave structures.

NEoWave also places much greater emphasis on:

• design consistency,
• time relationships,
• and post-pattern behavior requirements.