Ralph Nelson Elliott | |
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Born | Marysville, Kansas, U.S. | July 28, 1871
Died | January 15, 1948 | (aged 76)
Occupation | Accountant |
Known for | Wave Principle |
Ralph Nelson Elliott (28 July 1871 – 15 January 1948) was an American accountant and author whose study of stock market data led him to develop the Wave Principle, a description of the cyclical nature of trader psychology and a form of technical analysis. It identifies trends and reversals in financial markets. These cyclical patterns in price movements are known among practitioners of the method as Elliott waves.[1]