Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (A) ended at 1709.22, wave 4 of (A) ended at 1755.6, and wave 5 of (A) ended […]

Netflix shows a 5 waves impulse Elliott Wave structure from Sept 18 high. As far as the bounce stays below there, the stock can see further downside.

FXY Longer Term Cycles & Elliott Wave Firstly the FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back into the longer term 1970’s time frame available for the currency cross rate in the USDJPY. The foreign […]

This week’s trade talk is critical to the path of the stock market. This article outlines three possibilities and most likely scenario & Elliott Wave path.

Short term Elliott Wave view on Facebook (ticker: FB) suggests the rally to 193. ended wave ((X)). The stock has resumed lower within wave ((Y)) which is unfolding as a zigzag Elliott Wave structure. Down from 193.1, wave (A) of the zigzag ended at 173.09. Internal subdivision of wave (A) unfolded as 5 waves where […]

Xilinx (NASDAQ: XLNX) is an American technology company that is primarily a supplier of programmable logic devices. It designs, develops and markets complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions, customer training, field engineering and technical support. Since the dot com crash, XLNX struggled to recover and it only managed to make […]