EWFHendra

By EWFHendra    September 30, 2020    - 1 min read

Elliott Wave View: Nifty Found Support for Next Leg Higher

Elliott Wave view of Nifty suggests the cycle from March 24 low still remains in progress as a 5 waves impulse. The 30 minutes chart below shows the rally to…

By EWFHendra    September 29, 2020    - 1 min read

Elliott Wave View: Further Downside to End Gold Correction

Elliott Wave view of Gold (XAUUSD) suggests the decline from September 1 high is unfolding in impulsive Elliott Wave structure. Down from September 1 high, wave ((i)) ended at $1915.8,…

By EWFHendra    September 24, 2020    - 2 min read

Elliott Wave View: Further Downside in Pound Sterling

Elliott Wave View of Pound Sterling (GBPUSD) suggests the cycle from September 1 high remains incomplete. The decline from there is unfolding as zigzag Elliott Wave Structure. Down from September…

By EWFHendra    September 23, 2020    - 2 min read

Shanghai Composite Index in Multi Year Consolidation

As of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance…

By EWFHendra    September 12, 2020    - 2 min read

Generational Buying Opportunity in Gold and Silver?

On Saturday, September 12, 2020 we at Elliott Wave Forecast hosted a Free Seminar. The topic of the seminar was " Generational Buying Opportunity in Gold and Silver?". We analyze and…

By EWFHendra    September 11, 2020    - 2 min read

Elliott Wave View: Nike (NKE) Breaks to All Time High

Nike (NKE) has made another all-time high suggesting the bulls remain in firmly in control. Elliott Wave View of Nike suggests the stock is still within the cycle from March…

By EWFHendra    September 8, 2020    - 3 min read

What Nasdaq (NQ) is saying about the Right Side of Market

Technology is the strongest sector in the current bullish trend in World Indices. Nasdaq (NQ) which has a lot of technology stocks naturally is one of the best performing Indices.…

By EWFHendra    September 2, 2020    - 3 min read

Silver Miners ($SIL) Looking to Rally

One of the best performing assets this year is Silver. After bottoming on March 18 at $11.6 in the Covid-19 selloff, the metal has rallied to $30. Silver miners should…

By EWFHendra    August 24, 2020    - 2 min read

First Majestic Silver ($AG) Broke Higher from 10 Year Consolidation

First Majestic Silver (symbol: $AG) is a Canadian silver-mining company which operates in Mexico. It has 7 mines, although only 3 most cost-efficient mines are currently operating in San Dimas,…