EWFHendra

By EWFHendra    May 16, 2023    - 2 min read

Google (GOOGL) Elliott Wave Impulsive Structure Incomplete

Short Term Elliott Wave View on Google ($GOOGL) suggests it ended wave 2 pullback at 103.68. Wave 3 higher is currently in progress with internal subdivision as a 5 waves…

By EWFHendra    May 15, 2023    - 2 min read

Cameco (CCJ) Still Sideways and Looking for Direction

Cameco Corporation (ticker: $CCJ) is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada. In 2015, it was the world's second largest uranium producer, accounting for 18%…

By EWFHendra    May 12, 2023    - 2 min read

Elliott Wave Forecast: Dollar Index ($DXY) Rally Should Fail

Short Term Elliott Wave View on Dollar Index ($DXY) suggests that the rally from 4.14.2023 low is in progress as a zigzag structure. Up from 4.14.2023 low, wave ((a)) ended…

By EWFHendra    May 11, 2023    - 2 min read

Elliott Wave Outlook: S&P-500 E-Mini (ES) Looking to Extend Higher

Short Term Elliott Wave View on S&P 500 E-Mini (ES) below shows that the Index ended wave 3 at 4206.25 and pullback in wave 4 is proposed complete at 4062.25.…

By EWFHendra    May 10, 2023    - 2 min read

Brent Crude (BZ) Still Looking for Bottoming Sign

Brent Crude (BZ) is the leading global price benchmark for Atlantic basin crude oils. It is used to set the price of two-thirds of the world's internationally traded crude oil supplies.…

By EWFHendra    May 10, 2023    - 2 min read

Elliott Wave Impulse Decline in Exxon Mobil ($XOM) Suggests Further Downside

Short term Elliott Wave view in Exxon Mobil (ticker: $XOM) suggests that the decline from 4.28.2023 high took the form of a 5 waves impulse. Down from 4.28.2023 high, wave…

By EWFHendra    May 9, 2023    - 2 min read

Elliott Wave Suggests Short Term Bullish Outlook in GBPJPY

Cycle from 1.3.2023 low is in progress as a 5 waves impulsive Elliott Wave structure. Short Term Elliott Wave Chart below shows that wave (2) ended at 165.4 and pair…

By EWFHendra    May 5, 2023    - 2 min read

Elliott Wave Forecast: $USDCHF Rally Should Fail for More Downside

The 45 minutes chart below shows $USDCHF ended wave 1 at  0.885 and rally in wave 2 ended at 0.899. Internal subdivision of wave 2 unfolded as a double three…

By EWFHendra    May 4, 2023    - 2 min read

Russell 2000 (RTY) Looking to Break Lower

Russell 2000 (RTY) Cycle from 4.3.2023 high is in progress as a 5 waves diagonal. Down from 4.3.2023 high, wave (i) ended at 1752.7 and rally in wave (ii) ended…