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S&P/ASX 200 Index

XJO - Monthly Candle - ABC Elliott Wave Correction Taking Place?

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XJO - We have what looks like a classic elliott wave correction taking place. At this point in time an XJO Elliott wave ABC correction is a higher probability than a V shape recovery. Will this play out, I have no idea.
rutt
ASXasx200australiaChart PatternselliotwaveanalysisTrend AnalysisWave AnalysisS&P/ASX 200

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ASXasx200australiaChart PatternselliotwaveanalysisTrend AnalysisWave AnalysisS&P/ASX 200
rutt

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.