EWFHendra

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…

By EWFHendra    January 12, 2024    - 1 min read

Silver (XAGUSD) Remains Sideways

Short Term Elliott Wave view in Silver (XAGUSD) suggests that the metal shows a bearish sequence from 12.4.2023 high. The decline from 12.4.2023 high is unfolding as a zigzag Elliott…

By EWFHendra    January 11, 2024    - 2 min read

Nvidia (NVDA) Breaks to New All-time High, What’s Next?

Nvidia (NVDA) broke to new all-time high as we start 2024. The stock shows incomplete impulsive structure from the last significant low on October 31, 2023 low. The rally from…

By EWFHendra    January 10, 2024    - 1 min read

META Looking to End Impulsive Rally Wave (5)

Short-term Elliott Wave View in Meta shows an ending diagonal rally from 10.23.2023 low. Up from 10.23.2023 low, wave (1) ended at 342.92 and pullback in wave (2) ended at…