In this last article on the waves of Elliot examine the last two corrective waves, ie wave bel'onda c. L 'wave b: is often confused with a new upward trend, but actually starts a new Trend Down: usually occurs with a very weak in full convergence with the corrective movement in place and is often the last chance to exit from the old location while the second option to open the overdraft. In this wave many small investors mediate their old positions already severely compromised by the arrival of wave A, and conversely the large investors often decide to act with great caution. L 'wave c: is the strongest of the three corrective waves. Depending on the type of correction that occurs, it may fall below

the minimum of wave A, recording the traditional technical signal to sell. The unexpected arrival of wave C often leaves open some small doubt that the uptrend could be done and many are beginning to think that the main trend has been shot with the beginning of a whole cycle discount! At this stage, arriving there on so-called panic-selling and often small investors close their positions in already heavily mediated decrease in wave B, as well as a few large investors who have risked a return to the rebound of the correction.