Which of the following is a true statement according to Elliott Wave Theory?

Which of the following is a true statement according to Elliott Wave Theory?
A . A complete bull market cycle is made up of eight waves, three waves up followed by five waves down
B . A trend divides into three waves in the direction of the next longer trend
C . Corrections always take place in five wave patterns
D . The two types of simple corrections are zigzags and flats

Answer: D