EWFHendra

By EWFHendra    June 20, 2023    - 2 min read

QQQ Correcting in Wave 4 and Should Find Buyers

Rally in Nasdaq 100 ETF (QQQ) from 3.13.2023 low is in progress as a 5 waves Elliott Wave impulse. Up from 3.13.2023 low, wave 1 ended at 322.16 and pullback…

By EWFHendra    June 16, 2023    - 1 min read

AUDUSD Starts New Elliott Wave Impulse Higher

Short Term Elliott Wave View in AUDUSD suggests the pair ended wave (B) at 0.6458. Pair has turned higher in wave (C) with subdivision as a 5 waves impulse Elliott…

By EWFHendra    June 15, 2023    - 1 min read

DAX Incomplete Elliott Wave Bullish Sequence Favors Higher

Short Term Elliott Wave View in DAX suggests the rally from 3.20.2023 low is in progress as a 5 waves impulse. Up from 3.20.2023 low, wave 1 ended at 15298.49…

By EWFHendra    June 13, 2023    - 2 min read

Gold Miners Junior (GDXJ) Preparing for the Next Move Higher

GDXJ ETF, also known as the VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund that tracks the performance of small-cap companies involved in the gold mining industry. The…

By EWFHendra    June 13, 2023    - 2 min read

Copper (HG) Low Likely in Place with 5 Waves Rally

Short Term Elliott Wave in Copper (HG) suggests the metal ended wave ((2)) pullback at 3.54. The metal has turned higher in wave ((3)). Rally from wave ((2)) low is…

By EWFHendra    June 9, 2023    - 2 min read

Dow Futures (YM) Rallying Higher as Impulse

Short Term Elliott Wave in Dow Futures (YM) suggests rally from 3.15.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.15.2023 low, wave 1…

By EWFHendra    June 8, 2023    - 2 min read

Elliott Wave View: Gold (XAUUSD) Looking to End Wave 5

Cycle from 5.4.2023 high in Gold is in progress as a 5 waves impulse.  Down from 5.4.2023 high, wave ((i)) ended at 1999.30 and rally in wave ((ii)) ended at…

By EWFHendra    June 7, 2023    - 2 min read

Bitcoin (BTCUSD) Short Term 5 Swing Bearish Sequence Favors Lower

Bitcoin (BTCUSD) decline from 4.14.2023 high shows a 5 swing sequence suggesting further downside can't be ruled out. A 5 swing sequence typically is an incomplete sequence and can see…

By EWFHendra    June 6, 2023    - 2 min read

Tesla (TSLA) Elliott Wave Bullish Sequence Suggests Further Rally

Tesla (TSLA) has broken above 2.16.2023 peak at 217.65. The stock now shows a bullish sequence from 1.6.2023 low favoring further upside. Near term, cycle from 5.24.2023 low is currently…