S&P 500 (SPX) shows incomplete sequence from September 2, 2021 high favoring more downside. This article and video look at the Elliott Wave path.

The last time I covered this stock (article here) I was looking for a bit more upside to take place before pulling back.  The market decided the larger pullback was happening sooner than anticipated.  So lets take a look at the new view. It should be noted that there are some company events taking place […]

$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 […]