ASX: V300AEQ ETF UNITS – VAS Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with V300AEQ ETF UNITS – VAS. We see that wave 2-grey has ended and wave 3-grey is unfolding to push higher, subwaves are developing in the form of wave ((i)), and wave ((ii))-navy appears to be nearing completion, allowing wave ((iii))-navy to return to push higher later.ASX: V300AEQ ETF UNITS – VAS Elliott Wave Technical Analysis  ASX: V300AEQ ETF UNITS – VAS 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, grey)
Mode: Motive
Structure: Impulse
Position: Wave c-grey of Wave (y)-orange of Wave ((ii))-navy
Details: The short-term outlook shows that wave ((ii))-navy is lasting longer than expected, it is unfolding as a Double Zigzag, wave (y)-orange seems to be nearing completion, and will be followed by wave ((iii) ))-navy may return to push higher
Invalidation point: 92.93ASX: V300AEQ ETF UNITS – VAS Elliott Wave Technical Analysis
TradingLounge (4-Hour Chart)ASX: V300AEQ ETF UNITS – VAS Elliott Wave Technical AnalysisASX: V300AEQ ETF UNITS – VAS 4-Hour Chart AnalysisFunction: Major trend (Minute degree, navy)
Mode: Motive
Structure: Impulse
Position: Wave c-grey of Wave (y)-orange of Wave ((ii))-navy
Details: The shorter-term outlook shows wave ((ii))-navy developing as a Double Zigzag, wave (y)-orange unfolding as an ABC Zigzag, waves a,b-grey completed, and wave c- gray seems to be fulfilling its role of continuing to push lower. After wave ((ii))-navy completes, wave ((iii))-navy will return to push even higher.Invalidation point: 92.93

Conclusion:  
Our analysis, forecast of contextual trends, and short-term outlook for ASX: V300AEQ ETF UNITS – VAS aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends.Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation).More By This Author:Elliott Wave Technical Analysis – Polkadot Crypto Price News For Wednesday, July 3
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