Extension

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An impulse wave that is longer than the other two.

NEoWave Association

NEoWave applies the concept of extensions through both:

• price expansion,
• and time expansion.

Glenn says extensions are periods when the public becomes most interested in participating in a market rally or decline.

NEoWave additionally analyzes:

• proportional relationships between non-extended waves,
• momentum variables between waves,
• channeling and Fibonacci relationships.