

I have posted the top chart before and I have previously posted this count about a year ago or so.
So why can't the Mar 09 low be counted as the end of a Grand Supercycle wave 4? That structure since 2000 looks like a textbook flat. Cycle Wave C extends just beyond Cycle A and at a very acceptable Fib extension.
This is a figure from Elliot Wave International on flats. Click here for an explanation.
Just something to think about.