XSO 0.73% 3,181.3 s&p/asx small ordinaries

The Brains Trust-2019, page-176

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    Toasty - could I be so bold to make an alternative suggestion to your Elliott Wave count as it applies to the current situation. If it is an upslanting wedge and I still believe that it is, the count should be A, B, C, D, E. 1,2,3,4,5 suggests it is only part of an advance but the upslanting wedge pattern is the end of a move. But I am also a bit of a cynic as well when it comes to Elliott as there is always an alternative which annoys the hell out of me. The alternative here is that it isn't an upslanting wedge but part of the next wave of the bull market. So you can see why I get a bit frustrated with it.
 
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