$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 […]

S&P 500 Futures (ES) rally from October 1 low is in progress as an impulse and can see further upside. This article and video look at the Elliott Wave path.

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Microfost  published in members area of the website.  As our members know, Microsoft is showing impulsive bullish sequences and we’ve been calling rally in the Stock. $MSFT recently made ((4)) pull back. We expected the […]

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. Since March 2020 low, GS is moving with a bullish momentum. The structure of this movement in Elliott Theory we call a motive wave or impulse. If you want to learn more […]

The Swiss Market Index (SMI) is one of the other Capital Markets worldwide that is building motive wave from the lows of March 2020. We can clearly see that it has already completed 3 waves to the upside and we are correcting on wave 4 now. SMI Old Daily Chart Chart from September 16th, Wave […]

There is no shortage of Meme stocks these days to trade.  Zac Morris is a trader who has a large following on Twitter.  Lately, his stock picks have had the “wall street bets” effect where retail floods in to create large surges in price.  I decided to take a look at his latest pick, Nextplay […]