EWFHendra
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…
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,…
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…
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…
