Great post. However it's always been my stance through observation and trading that overlaps (or in Elliotician parlance, over-throws) are a sign of trend strength. Which then would point to the subsequent reversal, as you mention, as corrective, heading into a reversal if opposed to the trend or a continuation of the trend if not. A semantical difference, but a crucial one nonetheless. Irrespective, again, a pleasing read. Thanks.