About Elliott wave theory/principle
Here you can find materials about Elliott wave theory. It will take you 10-15 minutes to read about it. After it you will know basic rules and be able to read my analysis and understand it.
If you think Elliott wave theory is something complex - be sure it's not. There are 3 (only) rules that makes it all. Everything else is a guideline.
Short intro - http://stockcharts.com/help/doku.php?id=chart_school:market_analysis:elliott_wave_theory
Longer intro - http://stocata.org/ta_en/elliott.html
EWA (Elliott wave analysis) cheat sheet - http://www.wavaholic.com/2010/01/elliott-wave-rules-and-guidelines.html
The best, authentic, the oldest series of videos by Robert Prechter 1986 -
EWA is easy to do, but like in sports - it takes time and some amount of daily work to become professional.