By EWFHendra     October 6, 2023    - 1 min read

NVDA Looking for Zigzag Correction

Short Term Elliott Wave in Nvidia (NVDA) suggests the stock ended wave IV correction at 407.24. The stock has turned higher in wave V with internal subdivision as a 5…

By EWFHendra     October 5, 2023    - 2 min read

EURUSD Short Term Rally Still Expected to Fail

Short Term Elliott Wave in EURUSD suggests cycle from 8.30.2023 high is in progress as a 5 waves impulse. Down from 8.30.2023 high, wave ((i)) ended at 1.063 and rally…

By EWFHendra     October 4, 2023    - 1 min read

Gold Miners (GDX) Approaching Support Zone

Gold Miners ETF (GDX) shows incomplete bearish sequence from 5.4.2023 high looking for further downside. In shorter cycle, the decline from 7.18.2023 high is in progress as a 5 waves…

By EWFHendra     October 3, 2023    - 1 min read

Gold (XAUUSD) Bearish Sequence Favors More Downside

Gold shows incomplete bearish sequence from 5.4.2023 high favoring further downside. Down from 5.4.2023 high, wave (W) ended at 1898.12 and wave (X) rally ended at 1987.42. Gold then resumed…

By EWFHendra     September 29, 2023    - 1 min read

Ten Year Notes ($ZN) Bearish Impulse Remains Incomplete

Short term Elliott Wave view suggests that cycle from 9.1.2023 high in Ten Year Notes ($ZN) remains incomplete. The decline is unfolding as a 5 waves impulse Elliott Wave structure.…

By EWFLuis     September 28, 2023    - 2 min read

USDJPY Elliott Wave Impulsive Structure Remains In Play

Short term Elliott Wave view suggests the USDJPY is trading to the upside in a wave 3 following an impulse structure. Up from wave 2 at 9.11.2023 low, wave ((i)) ended…

By EWFLuis     September 27, 2023    - 1 min read

Nasdaq 100 ETF (QQQ) Continues Bearish Move Lower

QQQ shows 3 swings lower from July 19, 2023 high favoring further downside to reach equal legs target. The drop from July 19 high is unfolding as a zig zag…

By EWFLuis     September 26, 2023    - 1 min read

Russell 2000 (RTY) Bearish Sequence Favors Downside

Russell (RTY) shows a 3 swing from July 31, 2023 high favoring further downside to reach equal legs target. It breaks below August 25 low confirming the idea. The drop…

By EWFLuis     September 21, 2023    - 1 min read

Elliott Wave View: Dollar Index (DXY) Should See Further Strength

Short term Elliott Wave view suggests the USDX is correcting cycle from 9.28.2022 high in an expanded flat structure. Down from 9.28.2022 high, wave (A) ended at 100.82 and wave…