XJO (ASX200): 19 JUL, 2024

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation).

Forecast: Bullish
Position: Fourth Wave

Wave (iii)-orange is opening up to push higher, it is subdividing into wave iv-gray. The fourth wave will push down a bit and soon expire, then the gray v-wave will return to continue pushing higher.

Invalidation point: 7,819.0
Elliott WaveTrend AnalysisWave Analysis

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Penafian