Der Zacken nach oben sieht nach Trump aus.

Das darüber hinaus Interessante ist, dass es sich bei dieser
ausgezählten Welle auch wieder nur um die Teilwelle einer noch größeren
Welle 3 (die natürlich noch nicht fertig ist!) auf noch höherer Ebene
handelt.

Das ist auch der Kern der Kritik an Elliott-Wellen:

Benoit Mandelbrot has questioned whether Elliott waves can predict financial markets:
But Wave prediction is a very uncertain business. It is an art to which the subjective judgement of the chartists matters more than the objective, replicable verdict of the numbers. The record of this, as of most technical analysis, is at best mixed.

Critics also warn the Wave Principle is too vague to be useful, since it cannot consistently identify when a wave begins or ends, and that Elliott wave forecasts are prone to subjective revision.

Some who advocate technical analysis of markets have questioned the value of Elliott wave analysis. Technical analyst David Aronson wrote:

The Elliott Wave Principle, as popularly practiced, is not a legitimate theory, but a story, and a compelling one that is eloquently told by Robert Prechter. The account is especially persuasive because EWP has the seemingly remarkable ability to fit any segment of market history down to its most minute fluctuations. I contend this is made possible by the method's loosely defined rules and the ability to postulate a large number of nested waves of varying magnitude. This gives the Elliott analyst the same freedom and flexibility that allowed pre-Copernican astronomers to explain all observed planet movements even though their underlying theory of an Earth-centered universe was wrong.

The Elliott Wave Principle is also thought by some to be too dated to be applicable in today's markets, as explained by market analyst Glenn Neely:
"Elliott wave was an incredible discovery for its time. But, as technologies, governments, economies, and social systems have changed, the behavior of people has also. These changes have affected the wave patterns R.N. Elliott discovered. Consequently, strict application of orthodox Elliott wave concepts to current day markets skews forecasting accuracy. Markets have evolved, but Elliott has not."