Music Theater Blog

It’s true:  stock prices move in waves.  It’s easy to see the waves on any stock chart.  Prices move in waves as a result of changes in mass psychology.  Those changes can involve a major switch in sentiment, or they can involve only a tiny decision during the course of a trading day.  The stock market is the best barometer of mass psychology ever devised.  It is a reflector of the general sentiment of the investing public at any given time.  The waves are of all sizes, from the tiniest observable to a massive wave that extends over a period of years.  Each tiny wave in turn links with others to form a wave of the next higher degree, over and over again.  Stock market analysis involves the discovery and examination of these waves, from the smallest that the eye can see up to the largest waves that appear on the chart.  Wave analysis is an integral part of the technical analytical work which CandleWave, LLC performs for its subscribers every day.