EWFHendra
Elliott Wave View: S&P 500 (SPX) Testing 2018 High
The rally from December 26, 2018 low in S&P 500 (SPX) remains in progress. We are labeling this rally as an impulse Elliott Wave structure, which is 5 waves structure. In…
Elliott Wave View: S&P 500 (SPX) Testing 2018 High
The rally from December 26, 2018 low in S&P 500 (SPX) remains in progress. We are labeling this rally as an impulse Elliott Wave structure, which is 5 waves structure.…
Fed’s Policy U-Turn Deters Dollar Bulls – US Dollar Weakness Ahead
After repeated rebuke by President Trump, the Fed has completely capitulated. Following the two-day meeting, the Fed has scaled back their projected interest rates rise to zero this year. This…
Elliott Wave View: Apple Looking to Turn Lower Soon
After topping at $233.47 on October 3, 2018, Apple (APPL) dropped to $142.9 for a staggering 39% decline only within 3 months. From $142 low on January 4th, 2019, the…
Elliott Wave View: Nifty Looking to Break 2018 High
Since forming the low on Oct 26, 2018 low, Nifty has rallied higher and now is challenging the 2018 high (11760.20). A break above 2018 high will signal that the…
Elliott Wave View: IBEX Shows Bullish Structure
IBEX Elliott Wave sequence from 12.28.2018 low remains bullish, favoring further upside. Near term, the rally from Feb 11, 2019 low (8834.3) is unfolding as a zigzag Elliott Wave structure. …
Elliott Wave View: Nasdaq Correction In Progress
Rally in Nasdaq (NQ_F) from December 26, 2018 low remains in progress as an impulse Elliott Wave structure. An impulse structure consists of a 5 waves move. Wave ((4)) of this…
Elliott Wave View: Crude Oil Breakout In Progress
In our previous Chart of The Day on February 28, we suggested that Crude Oil (CL_F) is on the verge of a breakout. It has now confirmed our view as…
OPEC Supply Cuts Continue To Support Oil Prices
Oil prices rose 1 percent on Monday after Saudi Arabia reiterated that OPEC will continue to maintain the production curb. Riyadh plans to keep output well below 10 million barrels…
