EWFHendra
Elliott Wave View: Rally in Boeing (BA) Should Fail
Elliott Wave view in Boeing suggests that the rally to $446.49 ended wave (III) in super cycle degree. The stock is now doing the biggest pullback since 2003 low within…
Elliott Wave View: AUDUSD Impulsive Decline
Short term Elliott Wave view in AUDUSD is calling the move lower from April 17, 2019 high (0.7206) as an impulse Elliott Wave structure. In the chart below, we can…
Elliott Wave View: Further Rally in Amazon (AMZN)
Since bottoming on December 24, 2018 low, Amazon (ticker: AMZN) has continued to recover. The sequence from December 2018 low remains incomplete with 100% extension coming at $2033 - $2143.…
Elliott Wave View: Further Strength in Oil
Short term Elliott Wave view on Oil suggests the pullback to $63 ended wave 4. Rally in wave 5 is currently in progress and subdivides as an Elliott Wave impulse…
Elliott Wave View: EURUSD Remains Bearish in Shorter Cycle
Since topping on February 16, 2018 high (1.255), EURUSD has continued to make a sequence of lower low. In the 1 hour chart below, the decline to 1.1183 ended wave…
Elliott Wave View: Further Correction in Gold Expected
After forming a high on February 20, 2019 at $1346.75, Gold has continued to correct lower. The structure of the pullback from February 20 high appears incomplete. This suggests further…
Low New Zealand Inflation Rate Increases Chance of a Rate Cut
New Zealand CPI (Consumer Price Index) only grew by 0.1% in the three months to March with annual increase of 1.5%. This is well below the 0.3% rate expected by…
Elliott Wave View Favors More Upside in BAC
Bank of America (BAC) shows an incomplete bullish sequence from December 25,m 2018 low, favoring further upside. In the short term update below, the rally from March 26, 2019 low…
Elliott Wave View: S&P 500 Futures Eyeing New All-Time High
Short term Elliott Wave view on S&P 500 Futures (ES_F) suggests that the rally from March 9, 2019 low (2726.50) is unfolding as a 5 waves impulse Elliott Wave structure.…
