I would like to ask if anyone here is applying eliott wave theory in either short or long term projections.
Alternatively, what is your experience with it - is it worth using this tool?

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I would like to ask if anyone here is applying eliott wave theory in either short or long term projections.
Alternatively, what is your experience with it - is it worth using this tool?

A community member's personal view, not investment advice. Community Guidelines
I mean, so I'll admit, again, something new to me in the investment world, I hope it gets the conversation going, because I don't know it. 😊 But from the chart I understand it's about price averaging most likely.
I'm sure you're not the only one, I haven't mastered the theory myself. It's technical analysis related to changes in investor sentiment and psychology (price goes in waves).
Soaring oil prices pull the Hang Seng down -1.43%. The Euro Stoxx 50 sheds -0.11% as traders await the ECB.
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