Correction


A countertrend movement that interrupts the primary trend.

Common corrective forms include:

  • zigzags
  • flats
  • triangles
  • diametrics (a NEoWave discovery)
  • symmetricals (another NEoWave discovery)
  • complex corrections and pattern combinations

NEoWave Association

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:

  • underlying market strength or weakness
  • trend maturity
  • future trend strength or weakness

NEoWave also introduces stricter rules regarding:

  • allowed corrective complexity
  • proportionality to other patterns
  • internal relationships
  • timing requirements and limits

Many of Glenn's Q&A discussions emphasize that correctly identifying a correction is often more difficult — and more important — than identifying impulse waves.

 

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