GCC (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 […]

The 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 […]

Disney (DIS) has had a tremendous rally since the all-time lows which ended at the Peak early last year. The stock peaked at $202.73 and has dropped more than $100.00. The Elliott Wave Theory states that there is always a correction to happen in three, seven, and eleven after five waves advance. Disney advance since […]

Chevron (CVX) has been trading in a huge up-trend since its inception in the market. The Symbol ended a Super-cycle degree back in 2014 and corrected for six years until it found buyers again in 2020. The Elliott Waves Theory basic rule is that the market trends in five waves and correct in three waves […]

The Market has been in a correction since the peak at 02.14.2022. Many Market participants have turned bearish and forgot about the trend. As we always do at EWF, we locate the trend, and always relate the instrument among different time frames and cycles. The Elliott Wave Theory comes with degrees and cycles like Grand […]

Royal Caribbean Group (RCL) ended the Grand Super Cycle since the all-time lows and corrected the cycle back in 2020. The 03.13.2020 is the beginning of a lesser degree cycle, which is called Super Cycle. The stock should see new all-time highs around the $160-$180 areas. One of the most reliable and popular patterns within […]