Let $G$ be a graph with adjacency matrix $A(G)$. We conjecture that \[2n^+(G) \le n^-(G)(n^-(G) + 1),\] where $n^+(G)$ and $n^-(G)$ denote the number of positive and negative eigenvalues of $A(G)$, respectively. This conjecture generalizes to all graphs the well-known absolute bound for strongly regular graphs. The conjecture also relates to a question posed by Torgašev. We prove the conjecture for special graph families, including line graphs and planar graphs, and provide examples where the conjecture is exact. We also conjecture that for any connected graph $G$, its line graph $L(G)$ satisfies $n^+(L(G)) \le n^-(L(G)) + 1$, and obtain partial results.