Friday, March 25, 2011

Elliott Wave Labeling Chart

Before I continue with the big picture analysis, it is necessary to introduce the wave labeling chart that will be used. Brackets are used in lieu of circles for the minute, primary, and grand supercycle degree wave labels. Waves smaller than subminuette degree are labelled with italic lower case roman numerals and letters. The standard wave labeling for all other wave degrees currently used by analysts are followed.  The Millennium wave is the largest wave recognized by people that utilize the Elliott Wave Principle, and the Grand Supercycle wave is the largest wave that has standardized wave labeling.

Ultra Millennium   -- Lavender -- ((I)) ((II)) ((III)) ((IV)) ((V)) ((A)) ((B)) ((C))
Super Millennium  -- Dark Red -- ([1]) ([2]) ([3]) ([4]) ([5]) ([a]) ([b]) ([c])
Millennium -- Purple -- ((1)) ((2)) ((3)) ((4)) ((5)) ((a)) ((b)) ((c)) 
Grand Supercycle  -- Blue-Green -- [I] [II] [III] [IV] [V] [a] [b] [c] 
Supercycle  -- Green -- (I) (II) (III) (IV) (V) (a) (b) (c)
Cycle  -- Pink--  I II III IV V a b c
Primary  -- Yellow -- [1] [2] [3] [4] [5] [A] [B] [C] 
Intermediate  -- Red --  (1) (2) (3) (4) (5) (A) (B) (C)
Minor  -- Blue --  1 2 3 4 5 A B C
Minute  -- Lime Green -- [i] [ii] [iii] [iv] [v] [a] [b] [c]
Minuette  -- Orange -- (i) (ii) (iii) (iv) (v) (a) (b) (c) 
Subminuette  -- Dark Yellow -- i ii iii iv v a b c 
Micro  -- Gray -- [i] [ii] [iii] [iv] [v] [a] [b] [c] 
Submicro  -- Gray -- (i) (ii) (iii) (iv) (v) (a) (b) (c)
Miniscule  -- Gray -- i ii iii iv v a b c

When the Elliott Wave Principle was originally pioneered in 1938, the subminuette wave was the smallest wave recognized, and the Grand Supercycle was the largest wave recognized. Since then, Robert Prechter introduced the Millennium wave in the title At the Crest of the Tidal Wave in 1995.

Although the Super Millennium wave and the Ultra Millennium wave are not officially recognized by people that utilize the Elliott Wave Principle, there is very strong evidence for their existence in human civilization. More on that later.

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