Alternate interpretation of swing cycles

Is my interpretation of the swing cycles the only one (even the right one)?  As we saw when I covered the different cycle analysts they don't always agree.  I give you my best interpretation of what I believe the cycles are.  I encourage you to do your own analysis. 

So let's look at what may be an alternate interpretation of the cycles that explain what is happening:

Now you know why I say - do your own analysis.  If I can come up with an alternate explanation there may be a third (or fourth) and better explanation.  If you have an alternate explanation let's share it....  I am sure we can make arrangements to get it posted.

GL traders.  Do your own analysis