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CVX (Chevron): The Symbol Might be Ending a Cycle.
Read MoreThe Elliott Wave Theory’s main pattern is that the market advances in five waves and corrects in three waves. The five waves advance is easy to identify. Most of the time the rally is well-defined and the subdivision is visible. Also, the powerful wave three creates separation making the sequence clear and easy to label. […]
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US Presidential Cycles and the SPX Performance
Read MoreA lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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$USDX: The Index Structure Showing an Opportunity to Buy Commodities
Read MoreThe Dollar Index ($USDX) shows five waves since the low on 03.01.2008, which will provide many signals across the Marketplace. Below is a monthly chart of the Dollar Index $USDX Monthly Elliott Wave The monthly chart above shows the five waves advance from 3.1.2008 and the different degrees within the cycle. The idea is overall […]
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$DAL (Delta Air Lines INC): Another Buying opportunity In the Horizon
Read MoreDelta Airlines (DAL) shows an impulse from all-time low and 2020 low & should give a buying opportunity soon. This article looks at the Elliott Wave chart.
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GCC (Wisdomtree Commodity Strategy Fund) Calling For Higher Commodities
Read MoreGCC (Wisdom Tree Commodity Strategy Fund) is a great indicator for commodities direction. This Fund is positively correlated with Oil. Previously, we have mentioned the idea that the Fund reached the blue box area back in 03.2020. Since then, it has started a rally which looks like a nest. A nest is a series of […]
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AUG (Gold/Silver Ratio): The Ratio Showing The Path Of Silver
Read MoreThe Gold to Silver Ratio (AUG) is always a good indicator of the path of commodities and the $USDX. The ratio found sellers on March.2020, and the peak agrees with the peak in the $USDX back in 03.2020. As we can see, the Ratio did a five waves decline, and now it is correcting in […]