EWFHendra
Elliott Wave Favors DAX Rally to Fail
Cycle from 9.28.2022 low has ended as a 5 waves impulse at 15706.51. We labelled this rally as wave ((1)) as the 1 hour chart below shows. Wave ((2)) pullback…
Gold to Silver Ratio Has Started the Next Bearish Leg
With tense geopolitical situation between two world super powers, ongoing war, and banking crisis, there's no shortage of black swan events. Gold and Silver have performed very well in this…
Bearish Elliott Wave Sequence in AUDJPY Suggests Further Downside
AUDJPY shows a 5 swing bearish sequence from September 2022 peak favoring further downside. Cycle from 2.15.2023 high is currently in progress as a 5 waves impulse Elliott Wave structure.…
Elliott Wave Favors More Downside in GBPJPY
Decline from 2.28.2023 is in progress as a 5 waves impulse Elliott Wave structure. Down from 2.28 high, wave 1 ended at 160.02 and rally in wave 2 ended at…
Elliott Wave Suggests Ethereum (ETHUSD) at the Support Zone
Cycle from November 9, 2022 low in Ethereum (ETHUSD) is in progress as a 5 waves impulse Elliott Wave structure. Up from Nov 9, 2022 low, wave 1 ended at…
Elliott Wave Projects Zone where Russell (RTY) Rally May Fail
Russell 2000 (RTY) ended a 3 swing corrective rally from 10.13.2022 low at 2016.90 on 2.2.2023 high. From this level, the Index declines lower with internal subdivision as a 5…
Chevron ($CVX) in Expanded Flat Elliott Wave Correction
Chevron Corporation (CVX) is an American multinational energy company. It is the second largest oil company in the United States and has operation in more than 180 countries. Chevron is…
Rally in $SPX Expected to Fail According to Elliott Wave
S&P 500 (SPX) rally from 10.13.2022 low was in 3 swing and ended wave (2) at 4194.16 as the 1 hour chart below shows. Wave (3) lower is now in…
Bullish Elliott Wave Outlook in Gold (XAUUSD)
Gold (XAUUSD) ended wave (4) at 1803.84. From here, it rallies as a 5 waves impulse Elliott Wave structure. Up from wave (4), wave ((i)) ended at 1858.33 and pullback…
