EWFHendra
Brexit and the Impact on Poundsterling
We conducted a Free Seminar "Brexit and the Impact on Poundsterling" on Saturday November 2, 2019. Below is a brief summary and the recording of the seminar. Latest development on…
Is US Dollar Topping?
The Fed's monetary stance has turned 180 degree this year. Recall last year the Fed talked about shrinking the balance sheet on auto pilot and raising interest rate. The QT…
Elliott Wave View: Nike Looking for Further Correction
Short Term Elliott Wave view on Nike suggests the rally to $97.05 on October 23, 2019 high ended wave 1. This rally started from August 6, 2019 low (77.5) as…
Elliott Wave View: Nikkei Incomplete Bullish Sequence Favors More Upside
Nikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100%…
Elliott Wave View: DAX Remains Bullish
DAX shows a bullish sequence from December 27, 2018 low favoring further upside. Near term, the pullback to 11877 ended wave (2). Index has resumed higher in wave (3). Wave…
Elliott Wave View: Amazon Shares Price Recovers
Amazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This…
Elliott Wave View: Tesla Starts Impulse Rally
Tesla soars by as much as 19% as the electric-car maker reported better than expected earnings. In addition, Tesla's new factory in China already starts production and model Y crossover…
Elliott Wave View: Bitcoin Has Reached Minimum Daily Target
Short Term Elliott Wave view on Bitcoin (BTCUSD) suggests the decline October 11, 2019 high ($8820) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 8820, wave ((i))…
Elliott Wave View: Netflix Looking to Resume Lower
Short Term Elliott Wave view on Netflix (Ticker: NFLX) suggests that the spike to $318.79 on October 17, 2019 ended wave ((4)). Internal subdivision of wave ((4)) unfolded as a…
