EWFHendra

By EWFHendra    May 2, 2023    - 2 min read

Wells Fargo & Company (WFC) Sequence Remains Bearish

With the recent failure in Silicon Valley Bank and First Republic Bank, we will take a look at the U.S. banking sectors. In this article, we will update the long…

By EWFHendra    May 2, 2023    - 2 min read

Elliott Wave View Suggests Silver (XAGUSD) Correction Still Ongoing

Silver (XAGUSD) ended cycle from 3.10.2023 with wave 1 at 26.08 as the 45 minutes chart below shows. The metal is now correcting cycle from 3.10.2023 low in wave 2.…

By EWFHendra    April 28, 2023    - 2 min read

Nasdaq 100 ETF (QQQ) Resumes Higher in Elliott Wave Impulse

Cycle from 3.13.2023 low in QQQ ended in wave ((i)) at 322.16 as the 45 minutes chart below shows. The ETF then corrected in wave ((ii)) which has also ended…

By EWFHendra    April 27, 2023    - 1 min read

AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three

The decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting further downside is likely. Near term, rally from 3.24.2023 low ended in 3 swing at…

By EWFHendra    April 26, 2023    - 1 min read

Nasdaq (NQ) Buyers Can Appear Soon According to Elliott Wave

Short Term Elliott Wave in Nasdaq (NQ) suggests the Index is cycle from 3.13.2023 low ended in wave ((1)) at 13349.37 as the 1 hour chart below shows. Wave ((ii))…

By EWFHendra    April 25, 2023    - 1 min read

Elliott Wave Expects Gold Miners ETF (GDX) Buyers Should Appear Soon

Gold Miners ETF (GDX) shows a bullish sequence from 9.26.2022 low favoring further upside. The 100% - 161.8% Fibonacci extension target from 9.26.2022 low comes at 38.3 - 45.7 area.…

By EWFHendra    April 24, 2023    - 2 min read

Newmont Mining (NEM) Starts a New Bullish Cycle

Newmont Mining (ticker: NEM) is the world's largest gold mining company, based in Greenwood Village, Colorado, United States. The stock may have formed a significant low at 37.57 on November…

By EWFHendra    April 21, 2023    - 1 min read

Bitcoin (BTCUSD) At Possible Support Area

Bitcoin cycle from 3.10.2023 low has ended with wave 1 at 31035. Internal subdivision of wave 1 unfolded as a 5 waves impulse. Wave ((i)) ended at 20874 and pullback…

By EWFHendra    April 20, 2023    - 1 min read

Exxon Mobil (XOM) Looking to End 5 Waves Elliott Wave Impulse

Exxon Mobil (XOM) cycle from 3.20.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.20.2023 low, wave (1) ended at 107.35 and pullback in…