Elliott Wave Analysis of Egypt’s EGX30 Index

Is it possible to do an Elliott Wave Analysis of Egypt’s EGX30 index? Yes, of course. Take a look at the attached chart. You can see clearly that the second wave retraced wave 1 by 50%. That was followed by the third wave travelling just a shade over 161.8% of wave 1....

Elliott Wave update on German Dax Index: Aug 2012

From an Elliott Wave point of view, the recovery in the Gernam Dax index from its June 5, 2012 low of 5914 does not look like a third wave. In addition, the prior recovery from the September 2011 low of 4965 to 7194 looks like a three wave movement, followed by an...

Elliott Wave Post: Comments

Hi Folks, Today I have tried making a small change in the comments section to make it more user friendly. As many of you know, there are valuable Elliott Wave clues available when a reader asks an insightful question. ( I try to answer most, and generally discourage...