Australia

The recent selling in Australia started exactly from the point where prices touched the blue trendline of the highs of A a C. It is ominous. This is a long term multi year double top. However the 2019 high is the All time high as prices pushed a little above the 2008 high to complete the ending diagonal that makes up wave 5 up. So it was not 2008 but 2019 where Australia completes it's long term 5th wave with an ending diagonal.