Comments (3)
No. 1-1
philip_from_cal
philip_from_cal

Hi Sean, I don't understand the wave counts. Usually waves a, b, & c are corrective waves where wave a is either the beginning of a pullback or downtrend. Please explain. Thanks. Phil

2 Replies

Sean Hyman
Sean Hyman

Editor

a-b-c’s are corrective waves. But in a downtrend, a correction is upward and in an uptrend, a correction of that trend is downward.

Sean Hyman
Sean Hyman

Editor

Corrective waves on short-term charts tend to not be as distinct as the impulsive waves that are with the main trend.