Glenn Neely is a well-known expert in Elliott Wave Theory and has written extensively on the subject. His book, "Mastering Elliott Wave," is considered one of the most comprehensive and authoritative guides to the theory. The book provides a detailed explanation of the theory, along with practical examples and case studies.
This is a cornerstone concept of the book. It states that adjacent waves cannot be vastly different in price or time. If one wave takes 2 days to form, the next wave cannot take 50 days if they belong to the same degree. This rule filters out incorrect wave counts instantly. Step 4: Compounding and Grouping Mastering Elliott Wave By Glenn Neely Pdf