Ive often said I only use Elliot as a guide to where a trade I'm taking is in the life of a move in an instrument. Ive found it particularly helpful at MAJOR turning points when I can see many of the stocks making up an index displaying very similar counts.
Some have shown an interest in gaining some knowledge and some here like Boggo are well versed.
Here is an excerpt from Robert Proctor.
Click to enlarge
Here is the whole interview if interested.
The best book Ive found on the topic is.