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In 1938, R. N. Elliott proposed a theory that equity markets move: In stochastic waves. In cycles 1 answer below » In 1938, R. N. Elliott proposed a theory that equity markets move: In stochastic waves. In cycles following Fibonacci ratios. In waves dependent on other securities. All of the following are names of Elliott cycles except : Presidential. Supercycle. Grand supercycle. To identify intermarket relationships, technicians commonly use: Stochastic oscillators. Fibonacci ratios. Relative strength analysis. Sep 21 2015 06:59 PM