this is exactly the reason i sort of dont like elliot wave as a system as a personal preference[yet regarding it as one of the best predictive models ever discovered]…
it disconnects one form the market and we start being too much about the waves and fractals and ratios etc and the mind boggling amount of rules to follow…its better worth spending time tracking the demand supply scenario , any way…
i again disagree with this count…[both in the 2009 time picture, and also in the 2018 correction time]
to me, we just started the subwave 1 of wave 5, june end, about the time midcaps also joined the que after finishing correction[dow theory mentions all indices move in tandem as a sentinel rule]
i dont know, y every time i see a wave 4 it turns out to be a triangle 
and a reaccumulation [ps- i rarely find wave 4s to be a straight down and over kind of waves, these are reaccumulations most commonly, and this was one in nifty and sensex i remember… just like 2009 to 2013 wave 4 and wyckoff reacc i was referring to ]
i do not see the recent post april wave 1[wave1 for as the blog mentions, wave b as i mention in the above chart] as a impulsive structure to call it a part of ongoing wave 5…
also, looking at the market, the[1-2-3-4-5] 5 wave structure which i have drawn, which i believe are the sub waves of the wave 1 of wave 5, has a ridiculous narrow market breadth… typical of wave 1 … and not wave 3 which the blog mentions…in wave 3, the breadth widens …