A countertrend movement that interrupts the primary trend.
Common corrective forms include:
NEoWave treats corrections as highly important psychological and structural events rather than simple pauses within a trend.
According to Glenn Neely's methodology, corrections often reveal:
NEoWave also introduces stricter rules regarding:
Many of Glenn's Q&A discussions emphasize that correctly identifying a correction is often more difficult — and more important — than identifying impulse waves.
NEoWave Services:
Forecasting Services
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Live Classes by Glenn Neely:
NEoWave: Advanced Elliott Wave Analysis Course
Neely River: Professional Trading Course