Is it totally ruled out that the market made PRIMARY [5] in Dec / 17 and since then is doing CYCLE II?
Thanks for your updates.
There are many Elliott Wave counts which suggest Wave-5 completed at the 2017 high.
However, when counting the individual constituent waves, the analysis on this thread suggests, either: Wave-5 is still currently in progress (preferred); or, completed at the 2019 high as a truncated fifth wave failure (alternative).