by Ramki | Jun 9, 2009 | GBP
GBP/USD technical update 9 June 2009 Although the GBP/USD dipped someway below my preferred support at 1.5920, the drop has all but reinforced my view that we could be set up for a significant down move in the coming weeks. Anyway, for the short term trader, a...
by Ramki | Jun 7, 2009 | Gold
Gold is showing signs of fatigue Has Gold completed its 2nd retracement that often follows a fifth wave extension? This is an important question because if Gold has indeed finished its upmove, what should follow is a significant down move that could reach 650, or...
by Ramki | Jun 4, 2009 | GBP
Live Elliott Wave GBP/USD 4 June 2009 Just a few days ago, on 27 May precisely, when the GBP/USD was at 1.5983, Wave Times suggested that according to the Elliott Wave Principle, the GBP/USD or Sterling Pound was vulnerable as it approached the prior fourth wave level...
by Ramki | Jun 3, 2009 | India
This 10-minute chart gives early warning of an imminent S/T topThe Indian stock markets have been in a tizzy following a resounding victory by the Congress party. The Sensex gapped higher from 12219 a day before to open at 13479 the day after the election results....
by Ramki | Jun 2, 2009 | S&P500
The Index Makes Fresh 2009 Highs After repeated failed attempts to break the support at 880 levels, the S&P500 index has finally rallied to fresh 2009 highs. Where does this leave the Elliott wave analyst who has been looking for an eventual move lower towards...