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EWFHendra

By EWFHendra    November 28, 2024    - 2 min read

Elliott Wave View: Nasdaq ETF (QQQ) Looking for More Downside

Rally in Nasdaq ETF (QQQ) from 10.13.2022 low is in progress as a 5 waves impulse. Up from 10.13.2022 low, wave ((1)) ended at 296.88 and wave ((2)) ended at…

By EWFHendra    November 27, 2024    - 2 min read

Gold-to-Silver Ratio (AUG) Can be in Triangle Consolidation

Gold-to-Silver Ratio (AUG) is a ratio of the underlying metals (i.e. Gold and Silver). The ratio is simply calculated by dividing Gold price and Silver price, thus the name Gold…

By EWFHendra    November 27, 2024    - 1 min read

Elliott Wave View: Tesla (TSLA) Impulsive Rally Remains in Progress

Short Term Elliott Wave View in Tesla (TSLA) suggests the rally from 8.5.2024 low is in progress as a 5 waves impulse. Up from 8.5.2024 low, wave ((i)) ended at…

By EWFHendra    November 26, 2024    - 2 min read

Elliott Wave View: Oil (CL) Short Term May See More Downside

Short Term Elliott Wave View in Oil (CL) suggests that cycle from 10.8.2024 high is in progress as a 5 waves impulse. Down from 10.8.2024 high, wave 1 ended at…

By EWFHendra    November 22, 2024    - 1 min read

Elliott Wave View: GBPUSD is Approaching Support Zone

Short Term Elliott Wave View in GBPUSD suggests decline from 9.26.2024 high is in progress as a zigzag structure. Down from 9.26.2024 high, wave A ended at 1.284. Wave B…

By EWFHendra    November 21, 2024    - 1 min read

Elliott Wave View: Gold (XAUUSD) Starts Next Leg Higher

Short Term Elliott Wave View in Gold (XAUUSD) suggests that rally to 2790.07 ended wave ((3)). Pullback in wave ((4)) unfolded as a double three Elliott Wave structure. Down from…

By EWFHendra    November 20, 2024    - 1 min read

Elliott Wave View on IBEX Provides Warning that Indices can See More Downside

Short Term Elliott Wave View in IBEX suggests rally to 12040.79 ended wave ((3)). Wave ((4)) pullback is currently in progress to correct larger degree cycle from 3.20.2023 low. Internal…

By EWFHendra    November 19, 2024    - 2 min read

Gold Miners Junior (GDXJ) Looking for Correction to End Soon

The VanEck Junior Gold Miners ETF (GDXJ) is an exchange-traded fund that tracks the overall performance of small-cap companies primarily involved in gold and silver mining. GDXJ includes a diverse…

By EWFHendra    November 19, 2024    - 2 min read

Elliott Wave View Looking Further Downside in EURUSD

Short Term Elliott Wave View in EURUSD suggests cycle from 9.25.2024 high is in progress as a zigzag. Down from 9.25.2024 high, wave A ended at 1.076 and wave B…