The C wave ended early at (blue arrow) ended early in an ending diagonal around 38% retrace forming a running flat correction, which can be quite bullish looking forward.
We're near completion of the next 5 sub-waves of a larger structure so we should start the ABC corrective waves soon.
Will be watching to see if it plays ball.
The C wave ended early at (blue arrow) ended early in an ending...
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Last
7,587.0 |
Change
17.100(0.23%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,569.9 | 7,616.0 | 7,569.9 |
| XJO (ASX) Chart |