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 VAS may have finished wave 2-grey, and wave 3-grey is unfolding to push higher.ASX: V300AEQ ETF UNITS – VAS 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, grey) Mode: Motive Structure: Impulse Position: Wave ((ii))-navy of Wave 3-grey Details: Wave ((ii))-navy is unfolding to push a little lower, targeting the low of 96.64 or a little lower, then wave ((iii))-navy could return to push higher. I will look for the following Long Trade Setup at Major Level (100.00).  Invalidation point: 94.13  ASX: V300AEQ ETF UNITS – VAS  Elliott Wave Technical Analysis TradingLounge (4-Hour Chart)Function: Major trend (Minute degree, navy)  Mode: Motive  Structure: Impulse  Position: Wave ((ii))-navy   Details: Wave ((i))-navy just completed as Five-waves since 94.13. and probably wave ((ii))-orange is unfolding to push a little lower, targeting around 96.64. Then I will look for a Long Trade Setup to return to wave ((iii))-navy. Invalidation point: 94.13 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.More By […]

Swiss Market Index Elliott Wave Analysis Trading Lounge Day Chart Swiss Market Index Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Gray Wave 2 POSITION: Orange Wave 3 DIRECTION NEXT HIGHER DEGREES: Gray Wave 3 DETAILS: Gray Wave 1 completed, now Gray Wave 2 is in progress. Wave Cancel Invalid level: 11,419.25 The Swiss Market […]

Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:39More By This Author:NASDAQ Analysis Today and the Week Ahead Platinum […]

The USD/JPY pair has slightly increased, rising to 145.95 on Wednesday morning. This movement marks a rebound from two-week lows, though it is still early to suggest a significant reversal in the trend due to the ongoing economic climate.Market participants are cautious as they await crucial US employment market data for August, which is due […]

The market is under significant pressure as we kick off September, with tech stocks, especially semiconductors, leading the downturn. The sharp declines in companies like Nvidia, AMD, and Intel reflect investor concerns not only about the broader economy but also potential sector-specific challenges, like the news of subpoenas for Nvidia. This kind of selling momentum, […]