EWFHendra
Elliott Wave View: Nasdaq Rally Remains Corrective
Short term Elliott Wave view in Nasdaq suggests the decline to 11068.5 ended wave (3). Wave (4) corrective rally ended at 12261.78 with internal subdivision as a zigzag Elliott Wave…
Platinum: Elliott Wave Support Area
The Fed's aggressive rate hikes to fight inflation has caused deterioration in economic outlook. Atlanta Fed's GDP gauge now sees the second quarter running at - 2.1%. With the first…
Elliott Wave View: Dollar Index (DXY) Remains Bullish
Short term Elliott Wave view in Dollar Index suggests rally to 105.78 ended wave (1). Wave (2) pullback ended at 103.41 with subdivision as a zigzag Elliott Wave structure. Down…
Elliott Wave View: Further Downside in AMD Expected
Short term Elliott Wave view in AMD suggests the decline from 6/6/2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 6/6/2022 high, wave (1) ended…
Elliott Wave View: SPY Starts A New Leg Lower
Short term Elliott Wave view in SPY suggests the decline from 3/30/2022 high is unfolding as a 5 waves. Down from wave ((B)), wave (1) ended at 385.15, and rally…
Elliott Wave View: Silver (XAGUSD) Has Resumed Lower
Short term Elliott Wave view in Silver (XAGUSD) suggests the decline from 6/6/2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 6/6/2022 high, wave…
Silver Miners (SIL) Pullback Nearing Support
Since bottoming on March 2020 low, Silver Miners ETF (SIL) has continued to extend lower to correct the cycle from March 2020 low. The correction looks to be in the…
Elliott Wave View: Nikkei Zigzag Rally Approaching Target
Short term Elliott Wave view in Nikkei suggests the decline from 3/29/2022 peak is unfolding as a zigzag Elliott Wave structure. A Zigzag is a corrective structure labelled as ABC…
Elliott Wave View: GBPJPY Correction Can Extend
Short term Elliott Wave in GBPJPY suggests cycle from 12/3/2021 low has ended as wave ((1)) with the rally to 168.7. Wave ((2)) pullback is currently in progress to correct…
