Hi shetoldmetosell
here is my take on the XAO from an elliot wave perspective, looking for a wave 4 up to complete between 4000-4500 (the pink box on the right of the chart), in an a-b-c(up-down-up) pattern, but unfortunately from there i am looking for a wave 5 down move to 2600-2700 which coincides with the 2003 lows and a 61.8% retrace from the Nov high of ~6800
bye bye 30 hows the shorts, page-47
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