Vanguard Australian Shares Index V300AEQ ETF UNITS – (1D Chart)

Greetings, in today's Elliott Wave analysis, we update the Australian Stock Exchange (ASX) regarding V300AEQ ETF UNITS – VAS. Our analysis suggests that VAS may have completed wave 2-grey, and wave 3-grey is now developing to push prices higher.

ASX: V300AEQ ETF UNITS – VAS 1D Chart (Semilog Scale) Analysis

VAS Elliott Wave Technical Analysis

Function: Major trend (Minor degree, grey)

Mode: Motive

Structure: Impulse

Position: Wave (ii)-orange of Wave ((iii))-navy of Wave 3-grey

Details:

  • Wave (i)-orange has finished, and wave (ii)-orange is unfolding to push lower.
  • Wave (iii)-orange is expected to push the price higher eventually.

Invalidation Point: 98.39

V300AEQ-ETF-Units-1D...


ASX: V300AEQ ETF UNITS – VAS 4-Hour Chart Analysis

ASX: Vanguard Australian Shares Index Elliott Wave Analysis

Function: Major trend (Minute degree, navy)

Mode: Motive

Structure: Impulse

Position: Wave (ii)-orange of Wave ((iii))-navy

Details:

  • In the short term, wave (i)-orange has completed its five-wave structure, and wave (ii)-orange is now unfolding in a Zigzag pattern, pushing lower.
  • Eventually, wave (iii)-orange is expected to push higher, continuing the overall upward trend.

Invalidation Point: 98.39

Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation).

Source: visit Tradinglounge.com and learn From the Experts Join TradingLounge Here 

See Previous: Brambles Limited - BXB Elliott Wave Technical Analysis

VALUE Offer - Buy 1 Month & Get 3 Months!Click here

Access 7 Analysts Over 200 Markets Covered. Chat Room With Support

V300AEQ-ETF-Units-4h...


Conclusion:

This analysis provides a forecast of both long-term and short-term trends for ASX: V300AEQ ETF UNITS – VAS. By identifying critical price levels for validation or invalidation of our wave counts, we aim to give readers a clearer perspective on market movements. With these insights, traders can better align their strategies with market trends and make more informed decisions.

Related

AAVEUSD Elliott Wave Analysis: Price Prediction, Trading Strategy, Support & Resistance Levels, and Market Trends for 2025

AAVEUSD Elliott Wave Analysis: Price Prediction, Trading Strategy, Support & Resistance Levels, and Market Trends for 2025

AAVE/USD Elliott Wave analysis, highlighting Wave V and its potential impact on AAVE price predictio...

Read More >
British Pound/Australian Dollar(GBPAUD) Elliott Wave Technical Analysis 1 February 24

British Pound/Australian Dollar(GBPAUD) Elliott Wave Technical Analysis 1 February 24

Gain valuable insights into the GBPAUD currency pair with our latest Elliott Wave Analysis. Explore ...

Read More >
ANZ stock performance with Technical Analysis and Price Targets: Elliott Wave Analysis for ANZ Group Holdings Limited

ANZ stock performance with Technical Analysis and Price Targets: Elliott Wave Analysis for ANZ Group Holdings Limited

Our comprehensive Elliott Wave analysis for ANZ Group Holdings Limited on the Australian Stock Excha...

Read More >
Predicting the Breakout Direction: Gold (XAUUSD) Elliott Wave Technical Analysis

Predicting the Breakout Direction: Gold (XAUUSD) Elliott Wave Technical Analysis

while gold remains trapped in a range for now, the anticipation of a breakout looms large. With care...

Read More >
HDFC Life Insurance’s Stocks Forecast  And Elliott Wave Technical Analysis - Price Movements and Projected Resistance Levels

HDFC Life Insurance’s Stocks Forecast And Elliott Wave Technical Analysis - Price Movements and Projected Resistance Levels

This in-depth analysis covers HDFC Life Insurance’s stock forecast using Elliott Wave theory, highl...

Read More >
U.S. Dollar / Canadian Dollar (USDCAD) Elliott Wave Technical Analysis: Forex Trading Strategy, Price Prediction, Market Trends

U.S. Dollar / Canadian Dollar (USDCAD) Elliott Wave Technical Analysis: Forex Trading Strategy, Price Prediction, Market Trends

The USDCAD Elliott Wave Analysis provides a detailed technical forecast, highlighting the bearish tr...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on