Wow with all due respect, I would suggest not only did you outclass yourself with this statement of yours, “One of the main reasons AVZ has had a tumble is that the Elliott Wave theory completely tanked as sub wave 4 down got swamped with negative FA”, but you should get hold of EWT’s Robert Prechter’s email address and send it to him.
He still is sticking to the old rule that “Wave 4 does not overlap with the price territory of wave 1”, which you obviously think is outdated, because wave 4 down in this case obviously got swamped with negative FA.
So obviously, following your advice on FA swamping, he probably should consider revising that age old time proven EWT rule quick smart!
AVZ chart, page-12385
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