Technical
Pullback
QUICK DEFINITION
Pullback in Elliott Wave Theory: A temporary price decline within an ongoing uptrend. In Elliott Wave context, pullbacks correspond to corrective waves (Wave 2, Wave 4, or Wave B) within a larger impulse structure.
What Pullback Means
A temporary price decline within an ongoing uptrend. In Elliott Wave context, pullbacks correspond to corrective waves (Wave 2, Wave 4, or Wave B) within a larger impulse structure.
Where You'll See It
Pullback appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the technical family of Elliott Wave concepts and shows up most often when analysts are applying technical analysis tools — RSI, MACD, moving averages — alongside the wave count.
LEARN MORE
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments