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The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott — , a professional accountant, discovered the underlying social principles and developed the analytical tools in the s. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves , or simply waves. Elliott published his theory of market behavior in the book The Wave Principle in , summarized it in a series of articles in Financial World magazine in , and covered it most comprehensively in his final major work, Nature's Laws: The Secret of the Universe in Elliott stated that "because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable. The Elliott Wave Principle posits that collective investor psychology, or crowd psychology , moves between optimism and pessimism in natural sequences. These mood swings create patterns evidenced in the price movements of markets at every degree of trend or time scale. Analysis of Thurbers The Secret Life of
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James Thurber’s The Secret Life of Walter Mitty, A
Chiefs vs. Buccaneers highlights Super Bowl LV. Bucs' best defensive plays from masterful win Super Bowl LV. Devin White caps strong night with tipped INT at the goal line. Mahomes finds Demarcus Robinson to convert on fourth-and Ndamukong Suh, Bucs wallop Patrick Mahomes for huge yard loss.
Buccaneers engulf Patrick Mahomes for 8-yard loss on the sack. Mahomes steps up, rips yard laser to Kelce from his own end zone.
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