EWFEric

By EWFEric    December 19, 2019    - 3 min read

CVX (Chevron) Getting Ready for a Rally

Similar to most instrument within the energy sector, Chevron (ticker: $CVX) is trading sideways to lower since the peak on 04.08.2019. $CVX is showing a five waves advance since the…

By EWFEric    December 19, 2019    - 3 min read

World Indices Up and Running

As we have anticipated and communicated in every opportunity, world indices keep trading into new all-time highs. They should still continue to extend in years to come. It is easy…

By EWFEric    December 5, 2019    - 3 min read

Ten Year Notes ($ZN_F) low on 10.08.2018 Will Decide The Extension In $SPY

Ten Year Notes ($ZN_F) low 10.08.2018 will decide the Extension in $SPY Many Traders use to trade only one instrument and fall into the trap of isolation resulting in seeing only…

By EWFEric    November 21, 2019    - 3 min read

Chesapeake Energy Corp (CHK) : Exxon Mobil Will Determine The Turn

CHK have been in a tremendous downside trend since peak at 2011 and has already missed an opportunity for a turn. The instrument is showing a very technical decline in…

By EWFEric    November 8, 2019    - 2 min read

$SPY price action is in alignment with US 2020 Elections or Impeachment debate

The $SPY has been trading higher since the summer of 2019's correction. The Index has made new all time high as we have been forecasting at Elliottwave-Forecast.com. It is currently…

By EWFEric    October 30, 2019    - 3 min read

$SPY Expanded Flat, Déjà Vu All Over Again

A Flat is one of the corrective structures in the Elliott Wave Theory. It is in our opinion the most dangerous and also less reliable structure. The reason is because…

By EWFEric    October 29, 2019    - 2 min read

Elliott Wave View: Google (GOOGL) Looking Higher into $1561 Area

Google (ticker: GOOGL) rallies today and should remain supported against the lows on August 2019. The stock is extending within the Super cycle degree wave (III) since the low in…

By EWFEric    October 21, 2019    - 2 min read

Boeing Stock is Showing Why 2009 Cycle Is Still Alive in SPY

Hello fellow traders. In today's blog, we will have a look at Boeing and the recent price action. The Boeing Stock peaked in  March,1,2019 and since then have been trading…

By EWFEric    October 16, 2019    - 2 min read

USDMXN: Multi Year Consolidation Should Break Lower

USDMXN has been within a multi-year consolidation. Since 2017 peak the pair did a clear impulse lower which is based on the Elliott Wave Theory. The ideal case will be now…