AriasWave

Australian Stock Exchange (ASX) - Cycle Wave 5 Almost Complete

ASX:XAO   All Ordinaries Index
This market just needs to make one more all time high to complete 5 Waves up since 1900.

Cycle Wave 1 1900 - 1913
Cycle Wave 2 1913 - 1920
Cycle Wave 3 1920 - 1967
Cycle Wave 4 1967 - 2009
Cycle Wave 5 2009 - 2020\2021

Alternation between Wave 2 and 4:
Wave 2 shallow sideways and short in duration.
Wave 4 expanded to the upside and long in duration.

Wave 5 is an ending diagonal which means that waves 2 and 4 can overlap.

Please LIKE and FOLLOW to get notification of updates and future posts.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.