EWFHendra

By EWFHendra    October 31, 2022    - 2 min read

GDXJ Looking to Form Bottom

Gold and related miners continue to suffer a setback as the Fed continues its aggressive rate hike to combat inflation. However, there's recent indication that the world's central banks may…

By EWFHendra    October 28, 2022    - 1 min read

Elliott Wave View: USDJPY Looking for Double Correction

Short Term Elliott Wave structure of USDJPY shows a 5 swing sequence from 10.21.2022 high. This suggests the decline can extend lower into a 7 swing double three structure. Rally…

By EWFHendra    October 27, 2022    - 1 min read

Elliott Wave View: IBEX Soon Reaching Resistance Area

IBEX shows an incomplete bearish sequence from 6.14.2021 high favoring further downside against 5.30.2022 high (8992.7). Short term, Index is now correcting cycle from 5.30.2022 high in 3, 7, or…

By EWFHendra    October 26, 2022    - 1 min read

Elliott Wave View: Nifty can see sellers soon

Short term Elliott Wave view on Nifty suggests the decline from 9.15.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 9.15.2022 high, wave 1 ended…

By EWFHendra    October 25, 2022    - 1 min read

QQQ Shows Bearish Sequence from 2021 Peak

The series of rate hikes by the Fed has provided a challenge for the World Indices. World Indices continue to make a series of lower low since they formed the…

By EWFHendra    October 25, 2022    - 1 min read

Elliott Wave View: Nasdaq Looking to do 7 Swing Rally

Short term Elliott Wave view on Nasdaq (NQ) shows an incomplete bearish sequence from 11.22.2021 high favoring further downside in the higher time frame. Near term, cycle from 8.16.2022 high…

By EWFHendra    October 18, 2022    - 2 min read

Elliott Wave Forecast: EURJPY Has Resumed Higher

EURJPY broke above the previous high on 9.12.2022 and shows bullish sequence favoring further upside against 140.87 in the first degree. Up from 9.26.2022 low, wave 1 ended at 144.08 and…

By EWFHendra    October 14, 2022    - 1 min read

Elliott Wave View: Hangseng Index Sequence Remains Bearish

Short term view of Hangseng Index suggests cycle from 6.28.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 6.28.2022 high, wave ((i)) ended at 19469.11…

By EWFHendra    October 13, 2022    - 1 min read

Elliott Wave View: S&P 500 (SPX) Shows 5 Waves Down

S&P 500 (SPX) shows a 5 swing bearish sequence from 1.4.2022 high calling for further downside towards the extreme area of 2425 - 3150. Short term, the decline from 8.16.2022…