BUSTED - "Re-Calculate"
May 15th, 2019
– Elliott Wave count Invalidated
In my article dated Feb. 18, 2019-titled “A Fork in the Road”,
I first mentioned an alternative to my proposition --
‘the Grand SuperCycle “Top Was In” ‘.
Namely, the BULL might not be done.
I also said, in a later article dated Mar. 20th, 2019, titled, “Anyday Revisited”,
“IF” “any” of the indices exceeded their previous highs of late Sept / early Oct 2018,
“then my ‘present’ Elliott Wave count would be void. &
that I’d have to ‘re-decipher’ “
This scenario has come to pass.
The S+P 500 and the Nasdaq both moved higher – April 2019.
Not by much. But, they did.
ALL the other indices fell short of their previous Oct 2018 highs
– ValuA, ValuG, NYA, RUT, R3, and the Dow.
But, it doesn’t matter.
If “one” of the indices broke the rules, then ALL were susceptible to a new wave count.
My theory of “Wave-Count-Synchronicity”©.
My preferred count is now – starting w/, -1974/1982 as Cycle Wave 4.
1999/2000 - Primary Wave 1 top
Mar2009 - Primary Wave 2 bottom
Oct2018 - Primary Wave 3 top
May 15, 2019--today – Primary Wave 4 in progress
– best analysis – a triangle; w/ the following sub-divisions:
Intermediate Wave A bottom– Dec2018
Intermediate Wave B top – Apr2019, & possibly still in progress.
We therefore have waves C, D, & E yet to come.
Follow this with a LAST Primary Wave 5 up.
That could finally finish Cycle Wave 5, & SuperCycle Wave 5.
And that would finish Grand SuperCycle Wave III.