© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M
Details: The short-term outlook shows that wave ((ii))-navy seems to have just ended, and wave ((iii))-navy is unfolding to push higher. While the price should always remain above the low at 28.60. Falling lower shows that wave ((ii))-navy continues to last longer than expected, and following that, wave ((iii))-navy will also return to push higher.
Invalidation point: 28.60
Details: The short-term outlook shows that wave ((ii))-navy seems to have just ended, and wave ((iii))-navy is unfolding to push higher. While the price should always remain above the low at 28.60. Falling lower shows that wave ((ii))-navy continues to last longer than expected, and following that, wave ((iii))-navy will also return to push higher.
Invalidation point: 28.60
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