Nice to see some more Ellioters around these days. Of course there are as many counts as chartists, but I have been keeping a count on this one since 1997 and have seen no reason to change it in that time. You really need to keep a long term perspective for successful Elliott charting
Impulse wave Oct 1997 to May 2001. 15.20 to 38.64.
Flat correction since then:
A wave May-Sep 2001, B wave Sep-Feb 2002
C wave (5 waves) Feb 2002 to present (probably finish late 2004)
- wave 1 Feb-Oct 2002
- wave 2 Oct 2002- Jan 2003
- wave 3 Jan 2003-present
On this last wave we have had a series of wave 1's of successively smaller degree. I think we are now on wave iii of the downwave starting 7/4/03. So a long way to go on the downside yet.
So far the wave structure has largely been driven by AUD/USD. The next upwave will be driven when slow inflationary forces start to bite and Asia starts to roll - but that will be quite a while.
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Last
$113.99 |
Change
-1.950(1.68%) |
Mkt cap ! $42.31B |
Open | High | Low | Value | Volume |
$113.88 | $114.63 | $113.30 | $262.1M | 2.267M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3007 | $113.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$114.11 | 19 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 92 | 113.980 |
1 | 5 | 113.960 |
1 | 200 | 113.950 |
3 | 236 | 113.900 |
2 | 220 | 113.890 |
Price($) | Vol. | No. |
---|---|---|
114.190 | 85 | 1 |
114.210 | 1403 | 1 |
114.300 | 1000 | 1 |
114.350 | 91 | 1 |
114.720 | 85 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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