EWFLuis

By EWFLuis    June 22, 2022    - 1 min read

Elliott Wave View: Further Downside in Nasdaq

NASDAQ ($NQ) broke below previous low on 5/20/2022 at 11490.50 and opens up a bearish sequence favoring further downside. The entire decline from 11/22/2021 high is unfolding as a zig…

By EWFLuis    June 20, 2022    - 3 min read

How We Saw Algorand Cryptocyrrency (ALGO) And What To Expect

Algorand is a proof-of-stake blockchain cryptocurrency protocol. Algorand's native cryptocurrency is called ALGO. It was founded in 2017 by Silvio Micali, a professor at MIT, composed of a company and…

By EWFLuis    June 17, 2022    - 1 min read

Elliott Wave View: Russell 2000 (RTY_F) Sellers Remain in Control

Russell 2000 (RTY) broke below previous low on 5/12/2022 at 1698.3 and opens up a bearish sequence favoring further downside. The entire decline from 11/8/2021 high is unfolding as a…

By EWFLuis    June 16, 2022    - 2 min read

Elliott Wave View: USDCAD Pullback Should Find Buyers

Short Term View in USDCAD suggests cycle from 06.08.2022 blue box low finished as a 5 waves impulse Elliott Wave structure. Up from June 08 low, wave (i) ended at…

By EWFLuis    June 12, 2022    - 3 min read

Goldman (GS) Hit Our Target And We See More Downside To Come

The Goldman Sachs Group, Inc. (GS) is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting. The company invests in and arranges financing for…

By EWFLuis    June 6, 2022    - 3 min read

Bist 100 (XU100) Impulse Completed or Extended?

The Borsa İstanbul (BIST or XU100) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE), the Istanbul Gold Exchange and the Derivatives Exchange of Turkey…

By EWFLuis    June 3, 2022    - 1 min read

Elliott Wave View: SPX Is Close to Start A Pullback

Short Term Elliott Wave View in SPX suggests the  index has completed a corrective cycle from January 2022 peak. The market bounced from the blue box area at 3807.95 where…

By EWFLuis    June 2, 2022    - 1 min read

Elliott Wave View: Near Term CADJPY Should Continue Higher

Short Term Elliott Wave View in CADJPY suggests cycle from April 20, 2022 high has ended with wave ((2)) at 97.73. Pair rallies from that level building an impulsive structure…

By EWFLuis    May 29, 2022    - 2 min read

HDFC BANK Shares Broke Higher From An Ending Diagonal

HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and world's 10th largest bank by market…