EWFHendra

By EWFHendra    May 22, 2020    - 1 min read

Elliott Wave View: Nasdaq Wave ((5)) In Progress

Short term Elliott Wave chart below suggests the dips to 8848.71 ended wave ((4)). This is part of a larger impulsive rally which started from 3.23.2020 low. Wave ((5)) is…

By EWFHendra    May 21, 2020    - 2 min read

Crude Oil Staging Furious Comeback

Crude Oil prices are staging impressive comeback after last month's collapse to -$30. Sentiment in Oil has vastly improved in the past few weeks.  Hopes of the supply cut as…

By EWFHendra    May 21, 2020    - 1 min read

Elliott Wave View: Further Downside in GBPNZD

GBPNZD broke below 3.19.2020 low (1.9899) creating an incomplete bearish sequence from 3.9.2020 high (2.182). Short term Elliott Wave View suggests the decline from 4.1.2020 high is unfolding as a…

By EWFHendra    May 20, 2020    - 1 min read

Elliott Wave View: Amazon (AMZN) Impulsive Move In Progress

Amazon stock (ticker: AMZN) continues to perform well as the demand of the service surges due to the Covid-19. The pandemic forces people to stay at home and buy a…

By EWFHendra    May 19, 2020    - 1 min read

Elliott Wave View: SPY Has Resumed Wave 3 Higher

Short Term Elliott Wave view in SPY (S&P 500 ETF) suggests the rally from 3.23.2020 ended at 296.77 as wave ((1)). Pullback in wave ((2)) is proposed complete at 273.07…

By EWFHendra    May 15, 2020    - 1 min read

Elliott Wave View: Pound Sterling in a New Impulsive Lower

The decline in Pound Sterling from 4.15.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure, Down from 4.15,2020 high, wave 1 ended at 1.2245 and bounce in…

By EWFHendra    May 14, 2020    - 2 min read

Elliott Wave View: Russell 2000 (RTY) Reaching Short Term Support

As a larger context, the rally in Russell 2000 (RTY) from 3.19.2020 low took the form of an impulsive structure. Up from there, wave (1) ended at 1180.3 and wave…

By EWFHendra    May 13, 2020    - 2 min read

Outlook in Bitcoin after Halving

Retail investors may return to Bitcoin again after the digital currency completed the one-in-four year adjustment called halving. Halving provides less rewards to miners who run high-powered computers to solve…

By EWFHendra    May 13, 2020    - 2 min read

Elliott Wave View: Dow Futures (YM_F) Resumes Correction Lower

Elliott Wave View in Dow Futures (YM_F) suggests the rally from 3.23.2020 low ended wave ((1)) at 24806 as an impulse structure. Up from 3.23.2020 low, wave (1) ended at…