EWFHendra
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…
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…
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…
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…
Silver in Last Stage of Elliott Wave Ending Diagonal
Rally in Silver from 9.1.2022 low is in progress as a 5 waves impulse structure. Up from 9.1.2022 low, wave 1 ended at 20 and pullback in wave 2 ended…
Impulsive Decline in CADJPY Nearing the End
Cycle from 9.13.2022 high is in progress as a 5 waves impulse Elliott Wave structure and the structure is nearing the end. Down from 9.13.2022 high, wave (1) ended at 104.51,…
QQQ Should See More Downside
The Fed has done a series of hike the benchmark interest rate last year. As a result, Indices have not performed well last year due to the rising rate environment.…
GBPAUD Should Soon Find Support According to Elliott Wave
$GBPAUD shows a higher high Elliott Wave sequence from 9.26.2022 low favoring further upside. Cycle from 11.15.2022 low ended with wave (1) at 1.8275 as an impulse. Wave (2) pullback…
Elliott Wave Projects Further Downside in DAX
Short term, Elliott wave view in DAX suggests cycle from 9.28.2022 low has ended with wave (1) at 14677.69 as an impulse. The Index is currently correcting cycle from 9.28.2022…
