EWFHendra

By EWFHendra    April 19, 2023    - 1 min read

Elliott Wave View: S&P 500 ETF (SPY) Should Stay Supported to Higher

S&P 500 ETF (SPY) cycle from 10.13.2022 low is in progress as a diagonal 5 waves. Up from 10.13.2022 low, wave 1 ended at 410, and wave 2 pullback ended…

By EWFHendra    April 18, 2023    - 1 min read

Elliott Wave Suggests USDJPY May See Sellers Soon

Cycle from 3.24.2023 low in USDJPY is unfolding as a double three Elliott Wave structure. Up from 3.24.2023 low, wave (W) ended at 133.75 and pullback in wave (X) ended…

By EWFHendra    April 7, 2023    - 1 min read

Gold (XAUUSD) Elliott Wave Bullish Sequence Favors Higher

Gold (XAUUSD) broke above the previous peak on February 2, 2023 at 1959.74. It shows a bullish sequence from 9.28.2022 low favoring further upside. A 100% - 161.8% Fibonacci extension…

By EWFHendra    April 6, 2023    - 2 min read

Elliott Wave Projects GBPUSD Pullback Should Continue to Find Support

$GBPUSD broke above previous peak on 1.23.2023 high at 1.2448 and now shows a bullish sequence from 9.26.2022 low. Cycle from 3.8.2023 low is currently in progress as a 5…

By EWFHendra    April 5, 2023    - 1 min read

Silver (XAGUSD) Breaks Higher and Forms Elliott Wave Bullish Sequence

Silver (XAGUSD) broke above the previous peak on 2.2.2023 high ($24.62). As a result, it now shows a bullish sequence from 9.1.2022 low favoring further upside. A 100% - 161.8%…

By EWFHendra    April 4, 2023    - 1 min read

Barrick Gold Corporation (NYSE: GOLD) Starts New Impulse Rally

Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. The stock has underperformed since 2020 peak, but there's a reason to believe it has made significant low…

By EWFHendra    April 4, 2023    - 1 min read

Gold Miners ETF (GDX) Develops Elliott Wave Bullish Sequence

Gold Miners ETF (GDX) is close to breaking above the previous peak on 1.25.2023 high (33.34). A break above will open up a bullish sequence from 9.26.2022 low favoring further…

By EWFHendra    March 31, 2023    - 2 min read

Netflix (NFLX) Looking to Complete 5 Waves Elliott Wave Impulse

Cycle from 3.13.2023 low in Netflix (NFLX)  is in progress as a 5 waves Elliott Wave impulse. Up from 3.13.2023 low, wave 1 ended at 316.6 and pullback in wave…

By EWFHendra    March 30, 2023    - 1 min read

Elliott Wave Suggests Bitcoin (BTCUSD) Should Continue Impulsive Rally Higher

Rally from 11.21.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 11.21.2022 low, wave (1) ended at 25250 and pullback in wave (2) ended…