Retracement in
finance
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
is a complete or partial reversal of the price of a
security
Security is protection from, or resilience against, potential harm (or other unwanted coercion). Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, or any other entity or ...
or a
derivative
In mathematics, the derivative is a fundamental tool that quantifies the sensitivity to change of a function's output with respect to its input. The derivative of a function of a single variable at a chosen input value, when it exists, is t ...
from its current
trend
A fad, trend, or craze is any form of collective behavior that develops within a culture, a generation, or social group in which a group of people enthusiastically follow an impulse for a short time period.
Fads are objects or behaviors th ...
, thereby creating a temporary counter-trend. Not to be confused with
Fibonacci Retracement,
market correction and/or
market reversal, which are the most popular types of retracements.
References
As used by journalists:
*http://www.marketwatch.com/story/trust-the-streak-this-is-more-than-just-some-bear-market-rally-2016-03-21
*http://www.chicagotribune.com/news/sns-wp-blm-currency-comment-8c2c2374-f0ff-11e5-a2a3-d4e9697917d1-20160323-story.html
*https://www.cnbc.com/2016/03/21/is-the-pain-trade-still-higher.html
{{finance-stub
Financial markets