EWFHendra

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…

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…