The Elliott Wave theory is an incomplete misrepresentation of planetary reversal points misinterpreted by raders. How do we define a rader, academically?
An Elliott Wave tactician will start counting from the very bottom or very top of a trend, but planetary cycles do not start from the very bottom or top a lot of the time. Therefore, an Elliott (planetary wave) count interpreted by an Elliott technician is quite misleading when not starting form where the cycle actually starts. An ending to a cycle, or trend is not necessarily the beginning of the next. But – hey, if the 3-5-8 | a-b-c Elliott format works for your needs then use it the way it works for you. Just don’t publicize that what you present to the general public is scientifically sound – because it is not. Your absolute top and bottom count is quite misleading.
