by Ramki | May 10, 2010 | Euro
Elliott Wave analysis is a powerful tool in your hands if you know how to use it. You cannot be blind to what is happening around you. Until last Wednesday, when the Euro was still at 1.2850 levels, I was looking for it to go lower still, perhaps even reach the L/T...
by Ramki | May 6, 2010 | Kuwait
On 8th March I had privately circulated an Elliott Wave update on Kuwait index. This is produced here just to demonstrate how one has to change his tune when the market shows it has a different mindset. Today, 6th May, the index has straddled an important prior top...
by Ramki | May 6, 2010 | Dubai
It has been a while since I looked at the Dubai index. From an Elliott Wave perspective, I suspect that we are continuing in a 4th wave bearish pattern that will eventually break down for a final leg. We have to be patient and enter the market only when a valid...
by Ramki | May 5, 2010 | Euro
When a significant target is reached one should step back and look at the bigger picture again. Elliott wave analysis of EUR/USD suggests that the decline from 1.5144 finished its first wave at 1.4216. The second wave retraced 38.2% only (suggesting that the next sell...
by Ramki | May 5, 2010 | Indian Stocks Trading
My last Elliott wave update on Tata Steel was back on 18th June. Since then, this stock has behaved perfectly from a technical point of view. Once the extended fifth wave was completed, there was no surprise in the move that followed (and continues to develop). As I...
