I am fully aware of the subject nature. I am talking about the 'secret sauce.' EW is not rocket science if you know what you are looking at when applying the 3 hard rules and 3 guidelines of EW. EW can predict price direction with accuracy, but not speed of change or the duration of a wave. In my humble opinion, EW analysis is an art. For me, the most interesting thing about EW is that the concept is entirely independent of news.