Walmart (NYSE: WMT) is the world’s largest retailer, operating discount stores, supercenters, and grocery stores around the world. In today’s article, we’ll take a look at the short term cycle of the stock based on Elliott Wave Theory : Back in July 2019, WMT made new all time highs by breaking above January 2018 peak and […]

DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (1) ended at 12471.83, wave 4 of (1) ended at 12141.82, and wave 5 of […]

In today’s blog, we will have a look at the Vipshop stock. The stock is traded as VIPS at the NYSE. Vipshop is a Chinese e-commerce company (www.VIP.vcom)  which offers online discount sales which have it’s headquarter in Guangdong, China. It was founded in 2008 which means it is a pretty young online company. Vipshop is one of […]

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 […]