By EWFHendra     October 3, 2019    - 1 min read

Elliott Wave View: Oil Resumes Lower Impulsively

Short term Elliott Wave view on Oil suggests wave (B) rally ended at 63.38 on September 17, 2019 high. The commodity has since turned lower within wave (C) which is…

By EWFHendra     October 2, 2019    - 1 min read

Elliottwave View: GBPUSD Rally Expected To Fail

Short term Elliott Wave view on $GBPUSD suggests the rally to 1.258 on September 20, 2019 high ended wave (4). Pair has since turned lower within wave (5) which is…

By EWFHendra     October 1, 2019    - 1 min read

Elliott Wave View: Nike continues to make All Time High

Short term Elliott Wave view on Nike (ticker: NKE) is calling the rally from August 5, 2019 low (78.19) as a 5 waves impulse Elliott Wave structure. The chart below shows…

By EWFHendra     September 27, 2019    - 1 min read

Elliott Wave View: Further Downside in Exxon Mobil (XOM)

Short term Elliott Wave view on Exxon Mobil (ticker: XOM) suggests the rally to 75.68 on September 16, 2019 high ended wave ((X)). The stock has turned lower and the…

By EWFHendra     September 26, 2019    - 1 min read

Elliott Wave View: EURJPY Has Resumed Lower

After forming a low on September 3, 2019 at 115.8, EURJPY has rallied in 3 waves. The rally ended at 120.62 and we labelled this bounce as wave 4. As…

By EWFHendra     September 25, 2019    - 1 min read

Elliott Wave View: IBEX Ended Impulsive Rally

Short term Elliott Wave view on IBEX calls the rally from August 15, 2019 low (8405.39) as a 5 waves impulse Elliott Wave structure. Up from 8405.3, wave ((i)) ended…

By EWFHendra     September 24, 2019    - 1 min read

Elliott Wave View: Chesapeake Energy (CHK) Should See More Downside

Elliott Wave view on Chesapeake Energy Corp (ticker symbol: CHK) suggests the rally to 2.17 ended wave (B). This suggests the stock has turned lower in wave (C) and can…

By EWFHendra     September 20, 2019    - 1 min read

Elliott Wave View: SPY Can See Further Strength in Short Term

SPDR S&P 500 ETF (SPY) shows an incomplete sequence from June 3, 2019 low with a 100% extension target towards 306.3 - 313.2. In the chart below, we took the…

By EWFHendra     September 19, 2019    - 1 min read

Elliott Wave View: Oil (CL_F) Outlook After Saudi Arabia’s Oil Refinery Attack

Oil gapped up almost 20% early this week after the news that Saudi Arabia's oil refineries got attacked by drones. It has since retraced after Saudi Arabia said they can…