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DBpedia 2015-10

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Matches in DBpedia 2015-10 for { ?s ?p "A Grand Supercycle is the longest period, or wave, in the growth of a financial market as described by the Elliott Wave Principle, originally discovered and formulated by Ralph Nelson Elliott. Elliott speculated that a Grand Supercycle advance had started in the United States stock market in 1857 running to the year 1928, but acknowledged another interpretation that it may have been the third or even the fifth Grand Supercycle wave. However, these assignments have been reevaluated and clarified using larger historical financial data sets in the works of A. J. Frost and R.R. Prechter, and the start is now considered to be 1789, at which time the stock market data begin.Like all Elliott Waves, Grand Supercycle waves are subdivided into smaller generations of waves. The next smaller generation of waves are those of Supercycle degree. Modern applications of the Wave Principle also describe waves of larger degree spanning millennial periods of time.Modern application of Elliott Wave Theory posits that a Grand Supercycle wave five is completing in the 21st century and should be followed by a corrective price pattern of decline that will represent the largest economic recession since the 1700s.In technical analysis, Grand Supercycles and Supercycles are often compared to the Kondratiev wave, which is a cycle of 50 to 60 years, but these are in detail distinct concepts."@en }

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