Scan: ABC Downs It is a long established theory, that stocks move up and down in an ABC sequence. ABC Down moves are followed by ABC up moves, within a Wave sequence. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109360860 http://stockcharts.com/school/data/media/chart_school/market_analysis/elliott_wave_theory/ew_basics/ewb-02-ibm3.png http://d.stockcharts.com/school/data/media/chart_school/market_analysis/elliott_wave_theory/ew_basics/ewb-03-up8.png http://d.stockcharts.com/school/data/media/chart_school/market_analysis/elliott_wave_theory/ew_basics/ewb-04-down8.png http://d.stockcharts.com/school/data/media/chart_school/market_analysis/elliott_wave_theory/ew_basics/ewb-05-thewup.png http://d.stockcharts.com/school/data/media/chart_school/market_analysis/elliott_wave_theory/ew_basics/ewb-06-thewdown.png