Definition of "retracements" [retracements]

• Plural form of retracement. (noun)

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• "The first thing that should stand out at you is that price formed a 3-wave ABC retracement that found key support at the 61. 8\% retracement from the 2003 lows to the 2007 price highs - long-term retracements carry far more weight than short-term retracements."
• "S&P has pulled back to the 3rd iteration of the Danielcode retracements, that is 44% of the penultimate swing, and has not even started to correct the major swing so far."
• "While the entire wheat complex is still in a downtrend long term the retracements have gone farther than expected now giving me a buy signal for wheat with Minn. and KC close behind."