EWFHendra

By EWFHendra    February 7, 2023    - 2 min read

$GDXJ Gold Miners Junior ETF Correcting Cycle from September 2022

Gold Miners Junior (ticker: GDXJ) formed a base at 25.98 on 9.26.2022. From there, the ETF continues to rally for more than 1 year before ending the cycle recently at…

By EWFHendra    February 7, 2023    - 2 min read

American Airlines (AAL) Elliott Wave View Favoring the Upside

Cycle from 10.3.2022 low in American Airlines (AAL) is in progress as a 5 waves impulse Elliott Wave structure. Up from 10.3.2022 low, wave ((i)) ended at 15.18 and dips…

By EWFHendra    January 27, 2023    - 1 min read

Gold (XAUUSD) Rallying in a Nesting Elliott Wave Impulse

Cycle from 11.23.2022 is unfolding as a 5 waves nesting Elliott Wave impulse. Up from 11.23.2022 low, wave ((i)) ended at 1810.04 and pullback in wave ((ii)) ended at 1773.92.…

By EWFHendra    January 26, 2023    - 1 min read

NVDA Elliott Wave Bullish Sequence Favors Upside

NVDA shows a bullish Elliott Wave sequence from 10.13.2022 low favoring further upside. A 100% - 161.8% Fibonacci extension target from 10.13.2022 low can see the stock rallying to 219…

By EWFHendra    January 25, 2023    - 2 min read

SPY Pullback Likely to Find Support According to Elliott Wave

Cycle from 12.23.2022 low is in progress as an impulse Elliott Wave structure. Up from 12.23.2022 low, wave ((i)) ended at 385.71 and pullback in wave ((ii)) ended at 376.42.…

By EWFHendra    January 24, 2023    - 1 min read

Bitcoin Impulsive Elliott Wave Rally Favors the Upside

Cycle from 19 December 2022 low is ongoing as a 5 waves impulse Elliott Wave structure. The starting wave from 19 December low at 16306.36 is wave 2. Wave 3…

By EWFHendra    January 20, 2023    - 1 min read

Elliott Wave Outlook Suggests Oil (CL) Should Continue Higher

Oil shows a bullish sequence from 12.10.2022 low favoring further upside. Rally from there is unfolding as a 5 waves impulse Elliott Wave structure. Up from 12.10.2022 low, wave 1…

By EWFHendra    January 19, 2023    - 2 min read

Dow Futures (YM) Looking for 5 Waves Elliott Wave Move Lower

Cycle from 12.13.2022 high in Dow Futures (YM) is unfolding as a zigzag Elliott Wave structure. Down from 12.13.2022 high, wave A ended at 32686. Wave B rally ended at…

By EWFHendra    January 18, 2023    - 1 min read

GDX Dips Likely to Find Support in 3, 7, 11 Elliott Wave Swing

1 hour chart of Gold Miners ETF (GDX) below shows that the pullback to 27.54 ended wave (2). The ETF has since extended higher in wave (3). Internal subdivision of…