EWFHendra

By EWFHendra    June 26, 2019    - 2 min read

Elliott Wave View: Coffee Shows Bullish Sequence

Coffee (KC_F) shows a 5 swing sequence from April 17, 2019 low, suggesting further upside is likely. Short term, the pullback to 94.94 ended wave ((X)). Rally from there is…

By EWFHendra    June 25, 2019    - 1 min read

Oil Elliott Wave View: Impulsive Rally in Progress

Oil (CL_F) rally from June 5, 2019 low is unfolding as an impulse Elliott Wave structure where wave 3 is currently in progress. In the chart below, we can see wave…

By EWFHendra    June 21, 2019    - 1 min read

Elliott Wave View: Nike Resumes Rally Higher

Nike (ticker: NKE) shows a higher high sequence from June 3 low ($76.91) favoring more upside. Rally from June 3 low to June 11 high (84.33) unfolded as an impulse…

By EWFHendra    June 20, 2019    - 1 min read

Elliott Wave View Calling for More Upside in Nasdaq

Nasdaq Futures (NQ_F) shows a higher high sequence from June 4 low, favoring further upside. Short term, rally to 7600.75 ended wave (1) and pullback to 7421.48 ended wave (2).…

By EWFHendra    June 19, 2019    - 1 min read

Elliott Wave View: Dow Jones Futures (YM_F) Has Resumed Higher

Dow Jones Futures (YM_F) broke above June 10 high (26289) suggesting that the next leg higher has started. The Index is now showing an incomplete sequence from June 3 low…

By EWFHendra    June 18, 2019    - 3 min read

Facebook Cryptocurrency Project Can Propel The Stock to New All-Time High

Various sources believe that Facebook will unveil a new cryptocurrency payment plan sometimes this month. The company will allow employees working on the project to take their salary in the…

By EWFHendra    June 18, 2019    - 1 min read

Elliott Wave View: Further Weakness in GBPUSD Expected

Short Term Elliott wave view in GBPUSD suggests the decline from June 7 high is unfolding as an impulse Elliott Wave structure. Down from 1.276, wave (i) ended at 1.265…

By EWFHendra    June 17, 2019    - 2 min read

Australian Dollar Extends Weaknesses

Australian Dollar dropped further last week as unemployment figure came out higher than expected at 5.2%. The consensus has been for a dip to 5.1%. Australian unemployment rate has now…

By EWFHendra    June 14, 2019    - 1 min read

Elliott Wave View: Apple (AAPL) Has Started Correction

Short Term Elliott wave view in Apple (AAPL) is calling the decline to 170.44 on June 4 as wave I. Wave II bounce is currently in progress to correct cycle…