EWFHendra
Elliott Wave View: Buying the Dips in GBPUSD
Short term Elliott wave view in GBPUSD suggests the pullback to 1.3562 ended wave ((ii)). Internal of the decline unfolded as a triple three structure. Down from wave ((i)) high…
Elliott Wave View: SPY Looking for a Pullback
Since bottoming on March 2020, S&P 500 ETF (SPY) continues to make a new high, suggesting the trend and cycle remain bullish. Entire rally from March 2020 low is unfolding…
Elliott Wave View: Nifty Pullback Should Find Buyers
Cycle from March 2020 low in Nifty remains in play as a 5 waves impulse Elliott Wave structure. In the chart below, we can see wave ((3)) of the impulse…
Elliott Wave View: Nike Impulsive Rally Favors More Upside
Short Term Elliott Wave View in Nike (NKE) suggests the pullback to $128.91 ended wave ((4)). Internal of wave ((4)) unfolded as a Flat where wave (A) ended at 138.32,…
Silver Should Outperform with Break Lower in Gold-To-Silver Ratio
Gold-to-Silver Ratio is simply gold price divided by silver price. After spiking to all-time high at 126.4 on March last year to 126.4 due to the fear of Covid-19 pandemic,…
Elliott Wave View: Nasdaq All-Time High Imminent?
Short Term Elliott Wave View in Nasdaq (NQ) suggests the rally to 13599.75 ended wave (3). Pullback in wave (4) ended at 12726.87. The internal subdivision of wave (4) unfolded…
Elliott Wave View: Dow Futures Attempting All-Time High
Cycle from March 2020 low in Dow Futures (YM_F) still remains intact as a diagonal 5 waves. In the 60 minutes chart below, we can see wave ((3)) of the…
Elliott Wave View: Silver Broke to 52 Week High
Silver has made a new 52 week high this week suggesting last year's correction is over. From the 60 minutes chart below, we can see the rally from January 18…
Elliott Wave View: 5 Waves Rally in EURJPY Favors More Upside
Short Term Elliott Wave View in EURJPY suggests the decline to 125.07 low ended wave 2. Pair has started to turn higher in wave 3 as an impulsive structure. Rally…
