EWFHendra

By EWFHendra    July 14, 2022    - 1 min read

Elliott Wave View: Bearish Trend in EURUSD Remains Intact

Short term Elliott Wave view in $EURUSD suggests decline from 5.31.2022 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from 5.31.2022 peak, wave 1 ended at…

By EWFHendra    July 13, 2022    - 1 min read

Elliott Wave View: Exxon Mobil (XOM) Should See Further Downside

Exxon Mobil (XOM) shows incomplete bearish sequence from 6.8.2022 high looking for further downside. The decline from 6.8.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 6.8.2022…

By EWFHendra    July 6, 2022    - 1 min read

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…

By EWFHendra    July 5, 2022    - 2 min read

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…

By EWFHendra    July 5, 2022    - 1 min read

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…

By EWFHendra    July 1, 2022    - 1 min read

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…

By EWFHendra    June 30, 2022    - 1 min read

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…

By EWFHendra    June 29, 2022    - 1 min read

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…

By EWFHendra    June 28, 2022    - 2 min read

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…