Australian Stock Exchange (ASX) - Cycle Wave 5 Almost Complete
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.
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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.