XJO (ASX200): 19 JUL, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation).
Forecast: Bullish
Position: Fourth Wave
Wave (iii)-orange is opening up to push higher, it is subdividing into wave iv-gray. The fourth wave will push down a bit and soon expire, then the gray v-wave will return to continue pushing higher.
Invalidation point: 7,819.0