EWFHendra

By EWFHendra    March 17, 2023    - 1 min read

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…

By EWFHendra    March 16, 2023    - 1 min read

Further Downside in DAX Impulsive Elliott Wave Decline

DAX ended cycle from 9.28.2022 low in wave ((1)) at 15707.61 with internal subdivision as 5 waves. Index is now correcting that cycle within wave ((2)) in larger degree 3,…

By EWFHendra    March 15, 2023    - 2 min read

Bank of America (BAC) Shows Bearish Elliott Wave Sequence

Bank of America (BAC) shows a lower low bearish sequence from 1.10.2022 high favoring further downside in the stock. Near term, cycle from 2.8.2023 high is in progress as a…

By EWFHendra    March 14, 2023    - 2 min read

Impulsive Elliott Wave Decline in FTSE Calling More Downside

FTSE ended cycle from 3.16.2020 low with wave I at 8047.06. The Index is now in the process of correcting this 3 year rally in wave II. The internal subdivision…

By EWFHendra    March 14, 2023    - 2 min read

Gold Miners Junior ($GDXJ) Should Resume Higher in 2023

Gold Miners Junior (ticker: GDXJ) should finish the correction to the cycle from September 2022 low sometimes this year and resumes higher. At this stage, there's still no strong confirmation…

By EWFHendra    March 10, 2023    - 2 min read

Five Waves Elliott Wave Structure in Dow Futures (YM)

Cycle from 12.13.2022 high in Dow Futures (YM) shows a 5 swing sequence favoring follow up to the downside. Structure of the move lower from 12.13.2022 high is unfolding as…

By EWFHendra    March 9, 2023    - 2 min read

Elliott Wave Perspective Favors Further Upside in Apple (AAPL)

Cycle from 1.4.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 1.4.2023 low, wave ((1)) ended at 157.38 and pullback in wave ((2)) ended…

By EWFHendra    March 8, 2023    - 2 min read

Elliott Wave Sequence in Litecoin (LTCUSD) Calling More Downside

Cycle from Feb 16, 20223 high in Litecoin is in progress as a zigzag Elliott Wave structure. Down from Feb 16, wave ((a)) ended at 90.05 and rally in wave…

By EWFHendra    March 7, 2023    - 1 min read

Short Term Elliott Wave Outlook in SPX Favors More Upside

Rally from 10.13.2022 low in SPX is in progress as a nesting impulse. Up from 10.13.2022 low, wave (1) ended at 4100.51 and dips in wave (2) ended at 3764.49.…