In this article, Robert Prechter outlines Elliott Wave patterns in several non-financial data series, including US tobacco use, union membership and homicide levels in New York City. The insight that Elliott waves unfold in collective behavior has significant implications for the ability of sociologists, policy makers, and other researchers to forecast these trends.

Here is an excerpt of the February 2015 article.

Figure 17-1 in The Wave Principle of Human Social Behavior presented a chart of the annual per capita sales of cigarettes in the United States. It traced out a “classic Elliott wave advance” over six decades and then reversed. Figure 1 shows an update.

Figure 1