A temporary interruption in a market trend in which prices lose some of their gains (bull market) or regain some of their lost ground (bear market). Generally speaking, technicians expect prices in a typical correction to retrace approximately 10 percent of the distance from the beginning of the most recent move.
Browse by Subjects
Elliott Wave Theory
See All Related Terms »
interest rate parity
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):