Browsing: Dubai

Hello Traders from the Middle East. So Dubai Stock index, or the DFM Index, has collapsed today, losing over 7%.…

This blog aims to teach traders how to use Elliott Wave analysis in their trading. A variety of markets are…

Elliott Wave comments are on the chart of EMAR

A reader has posted a comment that he ran into trouble with the rule that the 3rd wave cannot be…

It is almost a year since I commented on the Dubai Financial Markets Index or DFMGI. Here is a video…

It has been a while since I looked at the Dubai index. From an Elliott Wave perspective, I suspect that…

Following an extended 3rd wave sell off, the index had recovered by 50% of that decline. However, I feel that…

Here are the charts of Dubai Financial Market Index as well as Kuwait Stock Market Index. I prepared the analysis…

On 15th October, when Dubai was trading at 3427 I warned that we could see 2760 if it started to come off quickly. Today it reached 2343, and a lot of investors are worried.

Back in January 2008, Dubai’s main stock index, DFMGI, was at 6320. Last week it traded at a low of 2991, a loss of over 50%. Investors have been badly hit. After the regulators announced several concessions and guarantees, we saw a smart rebound that lasted exactly two days.