On The Battlefield by Mike Burk
ARTICLE SYNOPSIS ...On The Battlefield by Mike Burk
In Elliott wave theory, the A, B and C waves refer to the reaction following the initial decline from a cycle top: The A wave is the initial decline, the B wave is a slight advance after the initial decline and the C wave is the decline following the secondary high. The period of the most rapidly moving prices in the stock market is often the beginning of this second decline, the beginning of the C portion of the Elliott wave, a downward wave that occurs after an unconfirmed market top drops for a while and then begins moving up again.
As such, it is the best ...