THE THREE WAVES OF ELLIOTT

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Title: THE THREE WAVES OF ELLIOTT
Format: 100x80 cm
Technique: acrylic, collage and varnish on canvas

The "Elliott Wave Theory" was developed by Ralph Nelson Elliott (1871-1948), and is based on the study of the movements of financial market prices through the waves and graphic patterns generated by the stock prices. Elliott’s method could ver considered an improvement of Dow's well-known theory.

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Title: THE THREE WAVES OF ELLIOTT
Format: 100x80 cm
Technique: acrylic, collage and varnish on canvas

The "Elliott Wave Theory" was developed by Ralph Nelson Elliott (1871-1948), and is based on the study of the movements of financial market prices through the waves and graphic patterns generated by the stock prices. Elliott’s method could ver considered an improvement of Dow's well-known theory.

After the death of Elliott his theory was forgotten, until 1978  when A.J. Frost and Robert Prechter popularized it in their book "Principle of Elliott Wave Theory".

This theory, which for many may seem too complex, ihas led to some controversy and also has detractors. However, it still seems valid to many traders and investors.

In this work I represent the synthesis of 3 operations, based on  practical and simple cases, where the famous and controversial "Elliott wave theory" can be understood and applied much more easily.

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