ASX - Downward Pressure Resumes - Look Out Below
Due to a decisive break out of the channel it can be assumed that the wave II correction is over and we should expect wave III to commence.
It appears that the ending diagonal in wave II ended on the 17th of April.
A break below the start of wave i or 5070 should confirm this.
A stop should be placed above 5599.
It appears that the ending diagonal in wave II ended on the 17th of April.
A break below the start of wave i or 5070 should confirm this.
A stop should be placed above 5599.
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