The Correction on $XJO Looks Complete

There is a good chance that the correction on the Australian $XJO is now complete. It counts well as an A-B-C correction with an ending diagonal C wave. If I am right, then these lows should not be revisited soon.

XJO


[UPDATE]: Since we have had a sustained rally from the time of the original post, I will file this under “Successful Calls.”

XJO

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