VERY late elbow fold, wrist cock

[shootin4par]

A few big issues have been solved, but still got more.
One really noticable big issue is this.

In my backswing I start out taking it back and cupping the right wtist as the first move back, so far so good. But from there untill my hands get past, not at but past, hip high, no wrist cocking or elbow bending is going on. when my hands are at nine oclock my club head is not even at ten oclock, To be precise it is at about 9:42. what issues might this cause, and how should I fix it.

Also, I read in hogans book how when he waggled he wanted his right elbow to touch his ribs, does this aid in the folding of the right elbow, and could someone elaborate on this move?