by Ramki | Sep 25, 2011 | Gold
The sharp move down has all the characteristics of a move that starts after completing an extended fifth wave. Our target should be wave ii of the extended fifth, which lies at 1478. Having come down to 1626, the 23.6% retracement level of the whole five wave rally,...
by Ramki | Sep 22, 2011 | Swiss Stocks
Can you do an Elliott Wave Analysis of Richemont, a colleague asked? What do they do? They are apparently the world’s second largest luxury goods company, based in Switzerland! Sure, I said. This will be the first Swiss stock on Wave Times. And here is the result for...
by Ramki | Sep 18, 2011 | Inr
There have been many calls for an analysis of the Indian Rupee, which has recently seen a bout of weakness. I am often amazed at how importers and exporters alike are not able to take simple decisions about hedging at certain levels which make a compelling case for...
by Ramki | Sep 18, 2011 | Dow Jones
Exactly a month back, on 18th August, when we discussed the Elliott Wave outlook for the Dow Jones Industrial Average, we identified 11725 as a key level. The index topped out at 11712 and came off by over 7%. However, we are witnessing yet another recovery in this...
by Ramki | Sep 18, 2011 | Euro
When we are trying to adjust our wave counts in a dynamic environment, it is important to be aware of the potential of an alternate count. This is why I had posted a second time on 12 Sep, hinting that we could get a rally to 1.3840 if the decline we saw to 1.3500 was...
