by Ramki | Sep 27, 2009 | GBP
I would like you to start with the medium-term update of Sterling Pound posted on 27 May 2009. In that post, I had suggested that we will top out close to 1.6670 and decline to 1.3300 area. The Pound stopped 9 pips below that at 1.6661 and sold off to 1.5803. On the...
by Ramki | Sep 16, 2009 | Gold
Every now and then I run into these situations when I have to revise my analysis of several instruments at the same time. The simple fact is NO ONE can forecast the markets. What one can do is to determine with a reasonable degree of confidence about the likelihoodof...
by Ramki | Sep 4, 2009 | India
Exactly a month ago, on 4th August, I presented you with technical analysis of India’s Sensex index (BESEN). In that Elliott Wave update of the Sensex, you saw that there was room for it to reach 16045 or 16115. Nothing has changed in the last four weeks to that...
by Ramki | Aug 19, 2009 | India
Repeated tests of a support line makes that level important in the big picture. So far, the Indian benchmark Sensex has managed to hold above the support line shown in the chart. However, if we get a break of that, then technical selling will take the index down to...
by Ramki | Aug 16, 2009 | Nasdaq
Have you kicked yourself for having missed the superb rally of the 1990s in Nasdaq? More likely you have kicked yourself for buying stocks on the way down, only to see it go even lower! Ditto for the rally between 2003-2008 and the collapse that followed. What are we...
