Elliott Rules

Does it have sufficient historical data? Does it pass the Clean Elliott Wave Look and Feel Test? Does the Long Term count start at an appropriate place with an acceptable rating? Do the first two charts (long term and medium term) synchronize?
Can interchange with:- LD & ED w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 0.7*w4

1) Wave 2 does not fall below the starting price of wave 1. 2) Wave 3 is not the shortest wave by price movement when compared to wave 1 and wave 5. 3) Wave 4 does not overlap the range of wave 1.

IM E D or

ZZ , Or DZ TZ

An y

1
yC An t No

IM

IM

ZZ , O r DZ TZ

IM LD or

1
C y An ot N
IM L D or
w1 2 w2 -

4
w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 0.5*w4

IM

IM LD ED ZZ DZ TZ FL D3 T3 CT ET 93 7 0 0 0 0 0 0 0 0 0 0 0 0 42 8 1 40 10 0 0 0 w3 - 100 0 0 0 0 0 0 0 0 0 0 0 0 0 32 3 1 48 8 0 5 5 w4 w5 - 93 0 7 0 0 0 0 0 0 0 0

Imp Cor Imp Cor - Imp

LD

w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 0.5*w4

Imp - Cor Imp Cor - Imp

Impulse

Leading Diagonal
Sideways
FL

ED

Cor - Cor Cor Cor - Cor

Ending Diagonal

Sharps
ZZ
IM LD ED ZZ DZ TZ FL D3 T3 CT ET Can interchange with:wA - 93/100 7/0 0 0 0 0 0 0 0 0 0 DZ & TZ 0 0 30 6 2 40 12 0/9 8 3 wB - 0 wC - 82/100 0 18/0 0 0 0 0 0 0 0 0

Can interchange with:D3, T3, CT & ET

0.5*wA wB < 2*wA wC O/L wA

B
y An C

wB < wA wC > 0.7*wB

IM or ED

yC An t No

or IM ED

Imp Cor Imp

Zigzag

C
IM LD ED ZZ DZ TZ FL D3 T3 CT ET wW - 0 0 0 100 0 0 0 0 0 0 0 wX - 0 0 0 24 5 1 55 10 0 5 0 wY - 0 0 0 100 0 0 0 0 0 0 0

IM LD ED ZZ DZ TZ FL D3 T3 CT ET 0 0 45 14 5 24 11 0 0 0 wA - 0 0 0 53 16 6 10 15 0 0 0 wB - 0 wC-74/100 0 26/0 0 0 0 0 0 0 0 0

Cor Cor Imp

Flat
X
N o An tD yC x, Tx

DZ

Can interchange with:ZZ & TZ

D3

X
ZZ

No A t ny ,D C x, Tx

Can interchange with:FL, T3, CT & ET

0.5*wA wB < 2*wA wC O/L wA wX 0.5*wW wY > wX

yC An t ET No
wX < wW wY wX

ZZ

y C Tx An , D x , ot

W
IM LD ED ZZ DZ TZ FL D3 T3 CT ET wW - 0 0 0 18 0 0 82 0 0 0 0 wX - 0 0 0 52 0 0 48 0 0 0 0 wY - 0 0 0 55 0 0 22 0 0 13 10

Cor Cor Cor

Cor Cor Cor Y

Double Zigzag
TZ
ZZ
wX < wW wY wX
wXX < wY wZ wXX

Y
Can interchange with:ZZ & DZ

Double 3
XX
Can interchange with:FL, D3, ET & CT

X
yC T An t E No ZZ

T3
x yC ,T An , Dx t No

X
y C Tx An Dx, t No
ot A n yC ,D x, Tx

XX
yC An t ET No
ZZ

W
wXX 0.5*wY wZ > wXX

x y C x, T An , D t No

Cor Cor Cor Cor - Cor

Cor Cor Cor - Cor - Cor

Triple Zigzag
B

Z
Can interchange with:FL, D3, T3 & ET Appear:- @ any C wE of CT 0.2*wD wE < wD wE O/L wA wA or wB = Max
D3 T3 CT ET 0 0 0 0 0 0 0 0 4/6 0/1 0 0 2/4 0 0 0 0 0 1 0

Triple 3
ET
ZZ ,D x, T x

Triangles
CT
,D

D B
x Dx ,T
x, Tx
,D ZZ

D
yC An t No

Can interchange with:FL, D3, T3 & CT wB < wC 2.5*wB wC < wD 2.5*wC wD < wE 2.5*wD wA or wB = Min

x, T

A No n y C t

ZZ ,D

ZZ

ZZ ,

Cor Cor Cor - Cor - Cor

Contracting Triangle

ZZ DZ TZ FL wA - 63/51 22 9 9/16 wB - 62/69 25 10 0 wC - 70/66 15 6 9/5 wD - 82/71 11 2 3/14 wE - 83/86 12 2 0

Cor Cor Cor - Cor - Cor

Expanding Triangle

ZZ Or , DZ TZ

1
y An
C y An o t N

IM o ED r

Can interchange with:- IM & ED Appear:- w1 of IM (only rising)

Can interchange with:- IM & LD Appear:- w5 of IM

3
An yC

IM D L or
x x, T ,D ZZ r FL o ,

y An C

y C Tx An Dx, t No

, Tx x, ,D T ZZ Or C

ZZ

T x, x

,D x, T x