Financial Crisis of 2007-2009
From an Elliott Wave perspective, the 2007-2009 was really just a massive c-wave down within a 4th wave A-B-C pattern.
Look carefully from August 2007 that started the wave A and then october 2007 that made the B-wave top.
From there, we had a large 1-2-3-4-5 pattern to the downside as labeled below.
This is matches a text-book pattern shown at the right – a C-wave Down that appears over and over throughout multiple time frames in stock market history.
August 2007 – March 2009
Do You See The Resemblance?
But It’s Not Just This Larger Pattern
If you look deeper – within each leg of the pattern – there’s smaller-sized 1-2-3-4-5 patterns in there.
Here’s The Same Pattern With Labeling
Detecting these patterns can greatly enhance your ability to make money in the stock market.
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