Australian Stock Exchange (ASX) - Cycle Wave 5 Almost Complete

This market just needs to make one more all time high to complete 5 Waves up since 1900.

Cycle Wave 1 1900 - 1913
Cycle Wave 2 1913 - 1920
Cycle Wave 3 1920 - 1967
Cycle Wave 4 1967 - 2009
Cycle Wave 5 2009 - 2020\2021

Alternation between Wave 2 and 4:
Wave 2 shallow sideways and short in duration.
Wave 4 expanded to the upside and long in duration.

Wave 5 is an ending diagonal which means that waves 2 and 4 can overlap.

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asx200Wave Analysis

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