The Neely Method was born out of a decade of intensive research to remove this guesswork. Neely posits that the plotted price activity of a market is the exact graphical representation of crowd psychology. To analyze it accurately, he developed absolute mandates that any valid wave formation must pass. 2. Core Methodologies of the Neely Method A. Monowaves and Polywaves
Unlike traditional analysis which starts by looking at macro patterns, Neely mandates starting at the most basic level of price action: Mastering Elliot Wave: Presenting the Neely Met...
Formed by combining multiple monowaves into larger patterns. By building from the bottom up rather than the top down, the analyst avoids forcing the market into a macro bias. B. The Introduction of "Time" and "Complexity" The Neely Method was born out of a