EWFHendra

By EWFHendra    April 17, 2019    - 3 min read

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…

By EWFHendra    April 17, 2019    - 1 min read

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…

By EWFHendra    April 16, 2019    - 1 min read

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.…

By EWFHendra    April 12, 2019    - 1 min read

Elliott Wave View: Silver Extending Lower

Short term Elliott Wave view on Silver (XAGUSD) suggests that the decline from February 21, 2019 ($16.21) is incomplete. Structure of the decline from $16.21 is unfolding as a zigzag…

By EWFHendra    April 11, 2019    - 1 min read

Elliott Wave View Favors More Upside in Facebook

Elliott Wave view on Facebook (ticker FB) suggests that the rally from March 19, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, we…

By EWFHendra    April 10, 2019    - 3 min read

Gold Miners (GDX) Ready for Breakout

Gold miners as a group is unpopular since it topped in 2011 together with Gold. One well-known Index which represents major Gold Miners is the GDX. The Index topped in…

By EWFHendra    April 10, 2019    - 2 min read

Elliott Wave View: Nikkei Still Missing Wave 5

Short Term Elliott Wave view on Nikkei Futures suggests the pullback to 20704 ended wave (2). The Index then resumed higher in wave (3) which ended at 21985. The internal…

By EWFHendra    April 9, 2019    - 1 min read

Elliott Wave View: Further Strength in FTSE

Elliott Wave view on FTSE calls the rally from February 28, 2019 low (7041) as an impulse Elliott Wave structure. An impulse is a 5 waves structure with wave 1, 3,…

By EWFHendra    April 5, 2019    - 1 min read

Daily Market News 4.5.2019

Welcome to the Daily Market News. Today's market close results: All major markets green across the board. Asian Markets: SHCOMP +0.94%, NIKKEI +0.38% US Markets: NASDAQ -0.05%, DJIA +0.64%, The…