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Market

Rally

A sustained upward price movement. In Elliott Wave, rallies correspond to impulse waves (1, 3, 5) within a bullish trend or to Wave B counter-rallies within bearish corrections.

RELATED TERMS

Impulse
In market structure context, a sharp and sustained price move in one direction. ...
Bull Market
A five-wave impulse advance at a large degree. In Elliott Wave terms, the motive...
Correction
A general market decline of 10% or more from a recent high. In Elliott Wave term...
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