“The names may change, but the psychology remains the same.”
By Elliott Wave International
Have you ever compared chart patterns from history with financial markets today? Elliott Wave International can show you the unique value of doing exactly that.
Why?
Because patterns on market charts repeat themselves. It happens across the globe, regardless of time period. When a still-unfolding pattern in the present looks a lot like a chart from the past, the price action to come may well remain on that earlier path.
Which means you can anticipate what’s next. [Ed. note: this video link shows you an example]
As the book The Mania Chronicles (2009) by Peter Kendall and Robert Prechter says:
