EWFHendra

By EWFHendra    January 24, 2019    - 3 min read

Is S&P 500 Ready to Make All-Time High?

S&P 500 formed a significant high at 2947 on Sept 21, 2018 after a 342% rally in 10 years. During the entire rally from year 2009 low, there was no…

By EWFHendra    January 23, 2019    - 1 min read

Elliott Wave View: FTSE Can See Another Leg Higher

Short term Elliott Wave view in FTSE suggests that the decline to 6534.59 ended wave ((A)). Wave ((B)) bounce is in progress as a zigzag Elliott Wave structure. Up from…

By EWFHendra    January 22, 2019    - 1 min read

Elliott Wave View Suggests Oil to See More Upside

Short term Elliott Wave outlook in Oil (CL_F) is calling for the move lower to $50.38 as ending wave ((X)). Internal of wave ((X)) unfolded as an Expanded Flat Elliott…

By EWFHendra    January 18, 2019    - 1 min read

Elliott Wave view in GBPJPY favors upside bias

Short term Elliott Wave view on GBPJPY suggests the rally to 140.43 ended wave (W). From there, pair did a pullback to 137.33 which ended wave (X). Since then, pair…

By EWFHendra    January 17, 2019    - 2 min read

Elliott Wave View: CADJPY Starts Next Bullish Leg

Short term Elliott Wave view on CADJPY suggests that the rally to 82.4 on Jan 9, 2019 ended wave (W). Pair then corrected in wave (X) as a double three…

By EWFHendra    January 16, 2019    - 2 min read

Elliott Wave View: FTSE should extend higher after 5 waves move

Short term Elliott Wave view on FTSE suggests that the decline to 6356.3 on Dec 27, 2018 ended wave (3). Index is now doing wave (4) correction higher. The internal…

By EWFHendra    January 15, 2019    - 1 min read

Elliott Wave View: 5 Waves Rally in Alibaba (BABA)

Short term Elliott Wave view of Alibaba (BABA) calls for the rally from Dec 24, 2018 low ($129.1) as a 5 waves impulse Elliott Wave structure. Up from there, wave…

By EWFHendra    January 14, 2019    - 4 min read

Has the Next Bull Market in Gold Started?

Gold has been used as the currency of choice throughout history, despite what the central banks of the world say. Ben Bernanke, then the Fed Chairman, famously said that Gold…

By EWFHendra    January 11, 2019    - 2 min read

Elliott Wave View: Indian Rupee (USDINR) Should Turn Lower

Short term Elliott Wave view in USDINR suggests that the decline to 69.56 low ended wave (W) and bounce to 72.56 high ended wave (X). Internal of wave (X) unfolded as…