EWFHendra

By EWFHendra    January 17, 2023    - 2 min read

Hangseng Index Rallying in Nesting Impulse Elliott Wave Structure

Cycle from 10.31.2022 low in Hangseng Index is in progress as a nesting 5 waves impulsive Elliott Wave structure. Up from 10.31.2022 low, wave ((1)) ended at 18414.09. The 45…

By EWFHendra    January 16, 2023    - 2 min read

Uranium ETF (URA) Starts the Next Leg Higher

Uranium ETF (ticker: URA) spent the entire 2002 doing correction but this year it is ready to resume higher. This ETF invests in Uranium as well as several mining companies.…

By EWFHendra    January 13, 2023    - 2 min read

Copper (HG) Rallies in a Nesting Impulse According to Elliott Wave

Copper (HG) rally from 9.28.2022 low is unfolding as a nesting impulse Elliott Wave structure. A nest is a series of 1-2-((i))-((ii)) which is an extended version of an impulsive…

By EWFHendra    January 12, 2023    - 1 min read

Elliott Wave Suggests FTSE Should Extend Higher

FTSE shows an incomplete bullish sequence from 10.13.2022 low favoring further upside. Up from 10.13.2022 low, rally is unfolding as a 5 waves impulse Elliott Wave structure. Wave (1) ended…

By EWFHendra    January 11, 2023    - 1 min read

Gold Elliott Wave Impulse Move Near Complete

Short term cycle from 11.23.2022 low remains in progress as a 5 waves impulse Elliott Wave. Up from 11.23.2022 low, wave ((i)) ended at 1833.29 and pullback in wave ((ii))…

By EWFHendra    January 10, 2023    - 1 min read

DAX Looking to End 5 Waves Elliott Wave Impulse

Cycle from 9.29.2022 low is in progress as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, we can see wave 4 ended at 13795.47. Wave…

By EWFHendra    January 9, 2023    - 2 min read

Five Waves Rally in $GDXJ Suggests Bottom in Place

Gold Miners Junior (ticker: GDXJ) spent the past two years in a deep correction, but it looks to have found the bottom on 9.26.2022 low at 25.80 as the second…

By EWFHendra    January 6, 2023    - 2 min read

Elliott Wave View: Microsoft (MSFT) Looking to Extend the Next Leg Lower

Cycle from 12.13.2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 12.13.2022 high, wave 1 ended at 233.87 and rally in wave 2 ended…

By EWFHendra    January 5, 2023    - 1 min read

Corrective Rally in XLY Should Fail According to Elliott Wave

Cycle from 11.15.2022 high is proposed complete as wave (1) at 126. Down from 11.15.2022 high, wave 1 ended at 138.20 and rally in wave 2 ended at 147.32. The…