New-Wave Elliott part 2  (revised Nov 1, 2014)

Robert Prechter’s long, blunder count for the market, versus  Exceptional Bear’s New-Wave ElliottTMCount, utilizing the identical data

The Channel proves the New-Wave ElliottTMCount. Without the A-B Transitions, the step-down from Grand Supercycle [II] are mistaken for Supercycle Waves (I) & (II), see why.