Please Define the Following Key Terms

question 13

Short Answer

Please define the following key terms.
-Montesquieu's The Spirit of the Laws

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Definitions:

Elliott Wave Theory

Elliott Wave Theory is a technical analysis methodology that proposes financial market prices unfold in specific patterns, often called waves, which are driven by the psychology of market participants.

Primary Bull Trend

A market phase characterized by rising stock prices, investor optimism, and generally favorable economic conditions over an extended period.

Buy Signal

An indicator or analysis result suggesting that it is potentially a good time to purchase a particular security or investment.

Cumulative Breadth

An indicator that sums the advancing and declining stocks on an exchange to help determine market direction.