by Ramki | May 31, 2010 | China
When I saw a report in Bloomberg Businessweek that Elliott Wave International Inc was suggesting that the ‘correction’ in Chinese stocks may be nearing its end, I decided to look up that chart myself. We all know that wave analysis is not an exact science, and there...
by Ramki | May 30, 2010 | Saudi Stocks Outlook
There are few other approaches to the financial markets that serve us better than Elliott Wave Analysis. As I have said so often, an extended 5th wave can make us rich. Take SABIC for example. Just as recently as 12th May I had warned of a sell off to 75. At that time...
by Ramki | May 25, 2010 | GBP
The Sterling Yen cross, or GBP/JPY has been a bit difficult to trade for most people in recent weeks. Clearly the easy-money days are gone. Yet, one can hardly recommend a buy here. The sentiment is overwhelmingly negative and we don’t know how much exposure UK banks...
by Ramki | May 25, 2010 | Indian Stocks Trading
I am bearish for DLF (a much followed Indian Stock) and expect it to reach at least 215. However, the better level to sell will be near 290.00 Take a look at the chart where I have given detailed elliott wave analysis of DLF. Clearly, there is a preferred level to...
by Ramki | May 25, 2010 | Uncategorized
Many market players watch the USD Index for various reasons. So here is a quick take on this from an Elliott Wave perspective. Enjoy.
