$USO United States Oil Fund Long Term Cycles & Elliott Wave Analysis Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an all time high at 953.36 in July 2008 noted on the monthly chart. The decline from there into […]

$EWC Long Term Elliott Wave Uptrend and Cycles Firstly the EWC instrument inception date was 3/12/1996. The Canada ETF seeks to track the investment results of an index composed of large and mid-sized companies in Canada. This is of course reflected in the price. The best Elliott Wave reading of the long term cycles presume some […]

$FXF Longer Term Elliott Wave Analysis & Cycles Firstly there is data back to when the ETF fund began in 2006 as low as 78.43. Data correlated in the USDCHF foreign exchange pair suggests the FXF high in August 2011 is also the lows of a cycle lower from the all time in the USDCHF. In this instrument […]

$SMH Semiconductors Long Term Cycles & Elliott Wave Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November 2008. This low has not been taken out in price. The cycles in this instrument tends to reflect the […]

$FXC Canadian Dollar Trust Long Term Elliott Wave & Cycles Firstly the FXC instrument inception date was 6/26/2006. The instrument tracks changes of the value of the Canadian dollar relative to the U.S. dollar. It increases in value when the Loonie strengthens and declines when the dollar appreciates. In January 2002 the USDCAD forex pair made […]

$NEM Longer Term Bullish Cycles of The Newmont Corporation Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle in September 1987 and pulled back really hard during the October 1987 crash. Price stabilized from there several […]