Is Elliott Wave Basic Pattern Voodoo Magic?

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Does Elliott Wave voodoo magic work?

Lots of people who study Elliott wave theory have conflicting counts. Many are looking for complex “4th wave patterns” ..

But is it possible that the most basic Elliott wave pattern formed under our nose without us easily noticing it?

I’ll post the two charts — 1) theoretical and 2) what actually happened.

You tell me whether the theoretical pattern can match the pattern actually formed in the markets between mid-April and May 24, 2017.

 

Elliot-Wave_L_Line-Charts-300x300

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