charts galore, page-87

WXYZ:
Mate, i agree with your short term analysis, that a possible move higher is due once a correction is complete.

But your long term count is incorrect.

W4 cannot overlap W1

In EW speak ,,ea wave 4 CAN overlap w1 in triangles and diagonals....psrticularly leading diagonals which are a 5 wave pattern of either a wave 1 or a wave A correction...take your pick!

This is why I find Elliot wave useless other than in hindsight as each wave is always part of a larger formation its impossible to tell where you are currently because it can always morph into a very different formation...

sitting around trying to count waves has actually cost me money because it has stopped me seeing whats really there
but each to his own