Ralph Nelson Elliott, born on July 28, 1871, in Maryville, Kansas, was the originator of the Elliott Wave Theory. After working various jobs, he dedicated himself to studying the U.S. stock market's behaviour, resulting in the publication of "The Wave Principle" in 1935. Elliott proposed that stock market trends follow predictable, natural laws that are measurable using Fibonacci ratios. Robert Prechter and A.J. Frost further popularized his work in the 1970s.
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