EWFHendra

By EWFHendra    January 25, 2024    - 1 min read

Dow Futures (YM) Pullback Should Find Support in 3, 7, 11 Swing

Short Term view on Dow Futures suggests rally from 10.27.2023 low ended at 38113 as wave (3). Pullback in wave (4) unfolded as a double three Elliott Wave structure. Down…

By EWFHendra    January 24, 2024    - 1 min read

American Airlines (AAL) Getting Ready to Break Higher

Short Term view on American Airlines (AAL) suggests that rally to 14.65 on December 15, 2023 high ended wave (A). Pullback in wave (B) is proposed complete at 12.78 as…

By EWFHendra    January 23, 2024    - 2 min read

S&P 500 (SPX) Looking for Further Upside

Short term Elliott Wave View in S&P 500 (SPX) suggests that rally to 4793.3 ended wave (3). Pullback in wave (4) is unfolding as a double three Elliott Wave structure.…

By EWFHendra    January 22, 2024    - 2 min read

Barrick Gold (NYSE: GOLD) Looking for Bottom

Barrick Gold, headquartered in Toronto, is a major player in global gold and copper mining since 1983. With operations in various countries, the company is a key contributor to the…

By EWFHendra    January 19, 2024    - 2 min read

Microsoft (MSFT) Should Remain Supported

Short term Elliott Wave View in Microsoft (MSFT) suggests rally from 12.15.2023 low is unfolding as a 5 waves impulse. Up from 12.15.2023 low, wave ((i)) ended at 376.94 and…

By EWFHendra    January 18, 2024    - 2 min read

Russell 2000 (RTY) Rally Should Fail for More Downside

Short term Elliott Wave View in Russell 2000 (RTY) suggests the decline from 12.28.2023 high is unfolding as a double three Elliott Wave structure. Down from 12.28.2023 high, wave W…

By EWFHendra    January 17, 2024    - 2 min read

EURUSD Short Term Looking for Further Downside

Short term Elliott Wave View suggests $EURUSD ended wave 1 rally at 1.11395. Pair is now doing wave 2 pullback to correct cycle from 10.03.2023 low. Wave 2 subdivides into…

By EWFHendra    January 16, 2024    - 2 min read

GDXJ Should Extend Higher in 2024

GDXJ is an ETF tracking small-cap gold and precious metals mining companies. It has a focus on smaller, more volatile firms. Thus it offers exposure to this precious metal sectors,…

By EWFHendra    January 16, 2024    - 1 min read

NZDUSD Extending Lower in Zigzag Correction

Short term Elliott Wave View in NZDUSD suggests that rally to 0.637 ended wave 1. Pair is now doing wave 2 pullback to correct cycle from 10.26.2023 low. Internal subdivision…