by Ramki | Jul 18, 2011 | Saudi
Back in November 2008, I had written how the Saudi stock index has left investors shell-shocked, and that the pain was far from over. The index came off by another 25% from the time of those comments. So what does Elliott Wave Analysis of TASI, or the Saudi Stock...
by Ramki | Jul 18, 2011 | China
Elliott Wave Analysis of Shanghai SE Composite Index reveals a five wave rally that completed at 3478. That level was just about 38.2% retracement of the whole big move down from 6120 to 1655. If you examine the internal waves of the rally to 3478, you will see that...
by Ramki | Jul 18, 2011 | Saudi Stocks Outlook
Now that I have looked at Kuwait stocks, I remembered someone requesting for analysis on Saudi index. The first thing I checked was what was my last comment on any Saudi Stock. The update on Saudi Steel Pipes was posted on April 11. So let us see how it turned out...
by Ramki | Jul 18, 2011 | Euro
Now that the Euro has come off to the target mentioned last week, we can try to finetune the possible end points for the current weakness. Remember again that we are still looking at short term trades. Elliott Wave analysis of EUR/USD offers one possible end point...
by Ramki | Jul 18, 2011 | Kuwait stocks
Its been a long time since I looked at Kuwaiti stocks, and just yesterday the index has fallen to a new seven-year low! As most players in this market know, Zain and NBK are considered as bellwether stocks. Kuwait Finance House, or KFH, is another popular stock that...
