by Ramki | May 12, 2010 | Dow Jones
Here is the Elliott Wave Analysis of DJ Industrial Average that I presented to an audience of over 200 traders this morning. You will see that I am bearish in the slightly medium term for a dip to at least around the 9000 level and would recommend any recovery to get...
by Ramki | Jan 24, 2010 | Dow Jones
One of the readers, Jim to be specific, has asked for the internal counts of waves (1) and (3) of the wave count of the Down Jones Industrial Average that I had posted on 17 Jan 2010. He requested this because he wasn’t sure if they looked impulsive. As I have...
by Ramki | Jan 17, 2010 | Dow Jones
Here is the Elliott wave update on the Dow Jones as of 17 January 2010. It has been a while since I looked at this chart. Someone sent me a note that Bob Prechter has called the top in this index, and he had read about it in Planet Yelnick. So I decided to take a...
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...
by Ramki | Jun 2, 2009 | S&P500
The Index Makes Fresh 2009 Highs After repeated failed attempts to break the support at 880 levels, the S&P500 index has finally rallied to fresh 2009 highs. Where does this leave the Elliott wave analyst who has been looking for an eventual move lower towards...
by Ramki | May 21, 2009 | S&P500
S&P500 Daily Chart 21 May 2009 When we are seeking an imminent reversal we are happy to spot anything that seems to support our view! This is a normal trader behavior. There is nothing wrong about that, because we could still be right! However, I suggest that you...
