EWFHendra

By EWFHendra    November 7, 2022    - 2 min read

Platinum (PL) Searching for Bottom

Platinum (PL) continues to trade sideways and the metal is in the process of forming an important low before the next major bullish cycle starts. The Federal Reserve has aggressively…

By EWFHendra    November 4, 2022    - 1 min read

Elliott Wave View: Dollar Index (DXY) Has Resumed Higher

Short term Elliott Wave view suggests correction from 9.28.2022 high ended at 109.53 as wave (4). Internal subdivision of wave (4) unfolded as a double three Elliott Wave structure. Down…

By EWFHendra    November 3, 2022    - 1 min read

Elliott Wave View: SPY Looking to Resume Lower

Short term Elliott Wave structure in $SPY suggests cycle from 8.16.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.16.2022 high, wave (A) ended at 348.11. Up…

By EWFHendra    November 1, 2022    - 1 min read

Elliott Wave View: Exxon Mobil (XOM) Looking to End 5 Waves Rally

Short Term Elliott Wave structure of Exxon Mobil (ticker: XOM) suggests cycle from 9.26.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 9.26.2022 low, wave…

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…