by Ramki | Apr 11, 2009 | Trading Tips
I have added a page on this subject under Elliott Wave Magic. The link can be found on the side of this post. But first, let us take a quick look at what are the basic ingredients for a head and shoulders top. 1. There should have been a prior up trend 2. The head...
by Ramki | Apr 8, 2009 | S&P500
On 1st April, when the S&P500 index was at 797, I suggested that we will get a move to just short of 850 but that will be about where the rally will fail. After reaching 845 on 2nd April, the market has been gently easing lower. The analysis done on 1st April...
by Ramki | Apr 8, 2009 | Indian Stocks Trading
Most of you know that Fibonacci ratio analysis and Elliott Wave analysis go hand in hand. (Beware of the tendency to think that ratio analysis is more important than understanding the personality of the waves that make up a move). In this post, I am going to show you...
by Ramki | Apr 1, 2009 | S&P500
One of the key take-aways from Elliott Wave Analysis is that there is an underlying harmony in the markets, even though it appears chaotic while the moves are happening. It requires some effort to determine where the likely pressure points are, and a lot of guts to...
