by Ramki | May 8, 2011 | Euro
What is the most likely path the EUR/USD will take over the next few weeks? What does Elliott Wave analysis of Euro suggest at this time? I think we will find decent supports just above 1.4140 level and spend several days correcting the sell off. If indeed the moves...
by Ramki | May 8, 2011 | Oil
Many of you will remember that I had called for a sell-off in the price of Crude Oil from the $140 level to $50 in 2008. (see old posts in Wavetimes, especially how Fifth wave extensions can make you rich!). The main reason for my bearish call at that time was we had...
by Ramki | May 4, 2011 | Silver
The recent sharp swings in Silver has caused consternation among traders and investors alike. What is the outlook for this metal? In the last Elliott Wave Analysis of Silver, posted on 24th April, we saw a case made out for a test of the $50 level. It reached 49.51...
by Ramki | May 4, 2011 | Silver
Hello again..I thought of spending a few minutes on the hourly chart of Silver to see if there are any clues. My analysis and comments appear on the chart itself. This is a sequel to yesterday’s detailed update on Silver.
by Ramki | May 3, 2011 | India
On 2nd January, we discussed the bearish implication of a move below 6069, and that move took us down nicely to under 5200. The rally from 5177 was described as an ‘X’ wave separating two sets of three-wave downmoves. We had a bit of trouble deciding how high the ‘X’...
