EWFHendra
Elliott Wave View: Ethereum Rally Likely Corrective
Short term Elliott Wave view in Ethereum (ETHUSD) suggests that the decline from March 28, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from March 28, 2022…
Newmont Mining (NEM) Support Area in Pullback
In our previous article on March 20, 2022 about Newmont Mining (NEM), we mentioned the stock can soon end 5 waves up from 2015 low and see a larger pullback. Fast…
Uranium Miners ETF (URA) Support Area
The long term fundamental background for Uranium is very promising. Shift towards green energy and less reliance on Russian's oil should support Uranium. One way to capitalize on this opportunity…
Elliott Wave View: S&P 500 (SPX) Extends Lower. What’s Next?
S&P 500 (SPX) broke below previous low on 5/21/2022 at 3810.32 and opens up a bearish sequence favoring further downside. The entire decline from 1/4/2022 high is unfolding as a…
Elliott Wave View: Bitcoin Downside Target
Short term View in Bitcoin suggests that cycle from March 28, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from March 28 peak, wave ((A)) ended at…
Elliott Wave View: USDCHF Shows an Impulsive Rally
USDCHF ended wave (4) pullback at 0.954, and pair has now turned higher in wave (5). Pair still needs to break above the previous wave (3) high on 5/16/2022 high…
Elliott Wave View: DAX Looking to Start a New Bullish Cycle
The 3/7/2022 low of 12438.85 in $DAX completed correction to the cycle from March 2020 low (Covid-19 low). From 3/7/2022 low, DAX has turned higher in a 5 waves impulse…
Elliott Wave View: EURJPY Should Continue to Find Support
EURJPY shows an incomplete bullish sequence from March 2022 low favoring further upside. The 100% - 161.8% Fibonacci extension from March 2022 low can see pair reaching 148.3 - 158…
Elliott Wave View: FTSE Next Bullish Cycle
Short Term Elliott Wave View in FTSE suggests rally from 3/7/2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 3/7 low, wave (1) ended at…
