By EWFHendra     October 1, 2019    - 1 min read

Elliott Wave View: Nike continues to make All Time High

Short term Elliott Wave view on Nike (ticker: NKE) is calling the rally from August 5, 2019 low (78.19) as a 5 waves impulse Elliott Wave structure. The chart below shows…

By EWFHendra     September 27, 2019    - 1 min read

Elliott Wave View: Further Downside in Exxon Mobil (XOM)

Short term Elliott Wave view on Exxon Mobil (ticker: XOM) suggests the rally to 75.68 on September 16, 2019 high ended wave ((X)). The stock has turned lower and the…

By EWFHendra     September 26, 2019    - 1 min read

Elliott Wave View: EURJPY Has Resumed Lower

After forming a low on September 3, 2019 at 115.8, EURJPY has rallied in 3 waves. The rally ended at 120.62 and we labelled this bounce as wave 4. As…

By EWFHendra     September 25, 2019    - 1 min read

Elliott Wave View: IBEX Ended Impulsive Rally

Short term Elliott Wave view on IBEX calls the rally from August 15, 2019 low (8405.39) as a 5 waves impulse Elliott Wave structure. Up from 8405.3, wave ((i)) ended…

By EWFHendra     September 24, 2019    - 1 min read

Elliott Wave View: Chesapeake Energy (CHK) Should See More Downside

Elliott Wave view on Chesapeake Energy Corp (ticker symbol: CHK) suggests the rally to 2.17 ended wave (B). This suggests the stock has turned lower in wave (C) and can…

By EWFHendra     September 20, 2019    - 1 min read

Elliott Wave View: SPY Can See Further Strength in Short Term

SPDR S&P 500 ETF (SPY) shows an incomplete sequence from June 3, 2019 low with a 100% extension target towards 306.3 - 313.2. In the chart below, we took the…

By EWFHendra     September 19, 2019    - 1 min read

Elliott Wave View: Oil (CL_F) Outlook After Saudi Arabia’s Oil Refinery Attack

Oil gapped up almost 20% early this week after the news that Saudi Arabia's oil refineries got attacked by drones. It has since retraced after Saudi Arabia said they can…

By EWFHendra     September 18, 2019    - 1 min read

Elliott Wave View: Impulsive Rally in Nikkei

Elliott Wave view suggests the rally in Nikkei from August 26, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, the rally to…

By EWFHendra     September 17, 2019    - 2 min read

Elliott Wave View: Short Term Strength in Bitcoin

In the bigger picture, Bitcoin has been in sideways consolidation since topping out at $13880 on June 26. It did a 3 waves pullback to $9049.54 on July 17 and…