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 This Author:Elliott Wave Analysis & Trading Strategies For S&P 500, Nasdaq, ASX & Global Indices
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