This glossary provides definitions and explanations of important terminology used in Elliott Wave analysis and the NEoWave methodology developed by Glenn Neely. It is designed to help readers build a stronger understanding of wave structures, patterns, rules, relationships, and analytical concepts used in market forecasting.
Terms strongly associated with NEoWave, or concepts uniquely expanded or developed by Glenn Neely, are identified with a NEoWave Association designation. These sections explain how NEoWave approaches a concept differently from traditional or orthodox Elliott Wave analysis.
Terms with a red asterisk * are identified with a *NEoWave Definition designation. These terms are specific to NEoWave and extend beyond traditional Elliott Wave terminology.
Related NEoWave Q&A links are included where available to provide additional information, examples, and clarification from Glenn Neely's discussions.
Whether you are learning the fundamentals of Elliott Wave or exploring the more advanced principles of NEoWave, this glossary provides a reference for understanding the terminology and concepts essential to wave analysis and forecasting. For a deeper study of Elliott Wave analysis, readers can also explore Glenn Neely's book, Mastering Elliott Wave, which provides the foundation for many of the analytical concepts developed through his work.
This Glossary will be continually updated and expanded. In addition, follow @NEoWaveTheory on Facebook and Instagram to get the latest NEoWave updates. Plus, take time to peruse NEoWave's YouTube channel, which offer a wealth of educational videos. To start, take 2 minutes to watch this brief video: "What's the Difference Between NEoWave and Elliott Wave?""
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