In a bull market, an Elliott three-wave pattern that subdivides into a 5-3-5 pattern with the top of wave B noticeably lower than the start of wave A. In a bear market, this pattern will be inverted. A price level that concludes a short-term rally in an ongoing trend. A bull market will be made up of a series of rally tops.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). zigzag. Retrieved September 20, 2026, from http://smartdefine.org/zigzag/definitions/1166786 |
| Chicago | Barry Goldsmith. 2010. "zigzag" http://smartdefine.org/zigzag/definitions/1166786 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, zigzag, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/zigzag/definitions/1166786>. |
| MLA | Barry Goldsmith. "zigzag" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/zigzag/definitions/1166786> |