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 […]

USO United States Oil Fund Longer Term Cycles & Elliott Wave 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 119.17 in July 2008 noted on the monthly chart. The decline from there into the […]

Nike continues to make an all-time high and sequence remains incomplete. The article and video show the short term Elliott Wave path for the stock.