What is the Chinese wave theory? What is Wave Theory?

There is no such statement, wave theory is an objective technical theoretical analysis, regardless of foreign and Chinese, and the same as the sun, there is only one right, some people say that the wave theory is thousands of people and thousands of waves, in fact, 999 are wrong, only one person is right, it is recommended to study "wave theory to adjust the evolution of waves".

It's just a concept, like Chinese-style value investing, and it doesn't make sense.

Talking about Zen in entanglement is also called entanglement.

Some people say that it is a great discovery, epoch-making in nature! But some people think it's a piece of, including me!

Wave theory is an analysis system that has been highly valued by the global industry after being pioneered by American analyst Eliot in the last century.

1. What is the wave theory?

In the middle of the last century, the American ** analyst Elliot found through a long period of research and development that the Dow Jones index seems to show a very regular fluctuation pattern in the development process of the past few decades. On this basis, Eliot introduced the so-called wave theory. The general content of the theory is that each ** cycle roughly consists of five ascending waves and three ** waves.

2. How to use the wave theory?

In essence, wave theory is actually a first-class analysis method that uses the mathematical thinking of probability and statistics, and combines the law of change of the economic cycle. When investors use this analysis method for investment operations, the most important thing is to accurately judge whether a certain ** is in an "upward wave" or "** wave" in a certain period, and to better judge the stage in the trend, so as to determine their investment behavior.

3. What to pay attention to.

In fact, wave theory, like other technical analysis, is based on the logic that what happened in the past will be repeated in the future. However, this is not the case in practice, so when investors use this theory for analysis, they must combine fundamental analysis, and cannot simply use this theory to determine their investment strategies and behaviors.

Hello, wave theory is actually a set of laws that are completely observed, which can be used to analyze the trend of **index, **, and it is also the most used analysis tool in the world, but also the most difficult to understand and master.

Eliot believes that whether it is a fluctuation or a commodity, it is the same as the waves of nature, wave after wave, repeatedly, with a considerable degree of regularity, showing the characteristics of cyclical cycles, and any fluctuations have traces.

According to Elliott, the characteristics of the wave are: the rise of the stock price index and the ** will alternate; Push waves and correction waves are the two most basic patterns of volatility. The driving wave (i.e., the wave that is consistent with the direction of the market) can be divided into five small waves, which are generally represented by the 1st, 2nd, 3rd, 4th, and 5th waves; The correction wave can also be divided into three small waves, which are usually represented by wave A, wave B, and wave C.

After the completion of the above eight waves (five up and three down), one cycle is completed and the trend will enter the next eight wave cycle. The length of time does not change the pattern of the wave, as the market will still develop according to its basic pattern. Waves can elongate or shrink, but their basic form remains the same.

In conclusion, the wave theory can be summed up in one sentence, the "eight-wave cycle".

This information does not constitute any investment advice and should not be relied upon by investors as a substitute for their independent judgment or decision making based solely on such information.

Wave theory (joint adjustment wave).

When the stock price follows the main trend, it fluctuates in the order of five waves, and when it goes against the main trend, it fluctuates in the order of three waves. Long waves can last for more than 100 years, and secondary waves are quite short-lived.

The Elliott Wave Theory is a theory of technical analysis. It is believed that the market movement repeats a pattern over and over again, and each cycle consists of 5 rising waves and 3 ** waves.

The Elliott Wave Theory divides trends of different sizes into nine categories, with the longest super-large cycles being super-large cycles spanning 200 years, and sub-microwaves covering only a few hours. But regardless of the size of the trend, each cycle consists of 8 waves.

The wave theory has three important aspects – morphology, proportion, and cycle – and its importance is in descending order. The so-called pattern refers to the shape or structure of wave theory, which is the most important part of this theory. Proportional analysis is to determine the retracement point and target by measuring the interrelationship between the waves.

The last aspect is time, and the waves are also interrelated in time, and we can use this relationship to verify wave patterns and proportions. Five-Wave Model In various markets, the forward movement eventually takes a five-wave pattern with a specific structure. Three of these waves, respectively, are denoted as:

One, three, and five, actually influencing this directed movement. And they are divided by two contrarian recuperation periods, which are expressed as two and four.

Wave theory (belonging to technical analysis) believes that all human activities are like ocean waves, generally speaking, a **** is composed of 5 rising waves and 3 falling waves, and the Elliott wave theory theory analyzes the proportional relationship between the space between each wave, and puts forward some useful views on the development and reentry of ** (Fibonacci series, ** division).

Most institutions and professional investors are using the wave theory to analyze, so at the recognized key points, it is often in line with the theory, but not 100%.

** There are fundamentals such as Warren Buffett and technical schools; Most investment institutions combine two aspects of research.

The wave theory** is very complex and is not recommended for individual investors.

In my impression, it seems that the stock price is unpredictable.

Elliott's theory is that whether it is a long or short market, there will be several bands in each full cycle. The first five bands in a cycle of a bullish market are bullish and the last three are bearish; And in the first five bands, the first.

One, three, and five, i.e., odd numbers, are ascending, first.

The two, four, and six bands, that is, the even number of the six bands in the even band, is obviously bearish; The seventh is an odd number, and the serial number is **. Therefore, the odd ordinal bands are basically bullish or ** to varying degrees, while the even ordinal bands are bearish or falling. The whole cycle presents a general pattern of one up and one down.

In a longer period of time, the first five bands of a cycle constitute the first band of a large cycle, and the last three bands constitute the second band of a large cycle. The whole cycle is also made up of eight bands. In the Elliott Bands theory, the opposite is true for the bearish market, with the first five bands being bearish and the last three being bullish.

In the first five bands, it is the first.

One, three, and five odd ordinal bands are bearish, two and four even ordinal bands are collated, and bullish are in the third section.

One and two bands, the Great Cycle is also composed of eight bands.

Whether it is a long or short market, the fifth band is the longest, that is, it rises the most when it goes up, and it also falls the most when it falls. The book is "Elliott Wave Theory – The Key to Market Behavior".