By EWF Eric     May 6, 2020    - 4 min read

IBEX 35 Shows Why World Indices Might Not Be Ready to Rally

IBEX 35 is the benchmark Stock Market Index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a…

By     May 6, 2020    - 2 min read

$SLV Ishares Silver Trust Elliott Wave and Larger Cycles

$SLV Ishares Silver Trust Elliott Wave and Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The…

By EWFHendra     May 6, 2020    - 2 min read

Barrick Gold Corporation (NYSE: GOLD): Strong Impulse Rally In Progress

Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. Year-to-Date, the stock is up around 45%. The combination of low Oil's price (major cost component for miners)…

By EWF Ayoub     May 5, 2020    - 2 min read

Newmont Corporation (NYSE: NEM) – Impulsive Bullish Structure

Newmont Corporation (NYSE: NEM) is the world's largest Gold mining company. Since the major low in the precious metal back in 2015 around $1050, many mining stocks rallied significantly and managed…

By     May 1, 2020    - 2 min read

Sona Nanotech (CSE: SONA, OTC: SNANF) Cycle Near Completion

The next entry in the theme of Corona Virus stocks is Sona Nanotech.  Normally I would cover a major listed stock on a USA exchange.  However, Sona Nanotech has an…

By Hassan Sheikh     May 1, 2020    - 2 min read

Tesla Elliott Wave View: Buying The Wave Four Pullback

In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Tesla Motors ticker symbol: $TSLA. In which, the…

By EWFHendra     May 1, 2020    - 2 min read

IBEX-35 from Spain Showing Incomplete Bearish Sequence

Spain is one of the hardest hit European countries by Covid-19 pandemic. Unsurprisingly, Spain main index IBEX-35 plunged just like the rest of the world's indices. The biggest impact happened…

By EWFHendra     May 1, 2020    - 1 min read

Elliott Wave View: Tesla (TSLA) Correcting Cycle from March Low

Short Term Elliott Wave outlook in Tesla (TSLA) suggests the stock ended cycle from March low at 886.09 as wave ((1)). Internal of wave ((1)) unfolded as a 5 waves impulsive…

By EWFHendra     April 30, 2020    - 1 min read

Elliott Wave View: Google (GOOGL) Ending 5 waves Impulse

In the aftermath of COVID-19 selloff, Alphabet (GOOGL) formed a low on March 23, 2020 at 1008.87. From there, the stock is rallying as a 5 waves impulsive Elliott Wave structure.…