EWFHendra

By EWFHendra    October 22, 2019    - 3 min read

GBPNZD and GBPAUD Elliott Wave Outlook in Crucial Brexit Final Weeks

UK Prime Minister Boris Johnson successfully negotiated a new Brexit deal with EU. However, last Saturday the Members of Parliament (MP) rejected his campaign to take Britain out of the…

By EWFHendra    October 22, 2019    - 1 min read

Elliott Wave View: Nasdaq Pullback Should Continue To Find Support

Nasdaq shows a short term Elliott Wave bullish sequence from August 6, 2019 low favoring more upside. The pullback to 7480.72 ended wave (2) and the Index is now in…

By EWFHendra    October 18, 2019    - 1 min read

Elliott Wave View: S&P 500 (SPX) Looking to Break to All Time High

S&P 500 (SPX) has been sideways since January 2018 and it's also sideways more recently since July 26 high. After forming peak at January 22, 2018 at 2872, the Index…

By EWFHendra    October 17, 2019    - 1 min read

Elliott Wave View: BAC Starts the Next Leg Higher

Bank of America (ticker: BAC) shows an Elliott Wave bullish sequence from August 15, 2019 low, favoring further upside. The decline to 27.19 ended wave (2) and the stock has…

By EWFHendra    October 16, 2019    - 1 min read

Elliott Wave View: Nikkei Buyers in Control

Nikkei shows Elliott Wave bullish sequence from December 26, 2018 low and August 26, 2019 low. This suggests that buyers are in control and favors further upside in the Index.…

By EWFHendra    October 15, 2019    - 1 min read

Elliott Wave View: Bullish Sequence in DAX

DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure.…

By EWFHendra    October 14, 2019    - 3 min read

Poundsterling Soars as UK and Irish Leaders Find Pathway to Brexit Deal

The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to…

By EWFHendra    October 11, 2019    - 1 min read

Elliott Wave View: Rally in Amazon (AMZN) Can Fail

Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the…

By EWFHendra    October 10, 2019    - 1 min read

Elliott Wave View: Further Downside in Netflix

Short term Elliott Wave view suggests the rally to $299.5 in Netflix ($NFLX) ended wave 2. From there, the stock resumed lower and ended wave 3 at $252.03. Internal of…