Longest-Bar Test

Elliott Wave Theory Glossary

A trend-damage diagnostic articulated by W. D. Gann and adapted into Elliott practice: identify the longest single price bar within a trending move (the session of maximum directional conviction), then watch for any subsequent counter-trend bar that exceeds its length. When a counter-trend bar surpasses the benchmark, the trend is signalling potential exhaustion — historically reliable at Wave 5 extremes, as during the October 1929 crash.

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