Elliott Wave Analysis of Saudi Index TASI

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...

Elliott Wave Analysis of Shanghai SE Composite Index

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...

Elliott Wave analysis of Saudi Stocks

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...

India’s NSEI outlook

The outlook for NSEI in the big picture is unchanged, in that we will eventually see it down to 4800. Investors should thus be patient for at least that level if they wish to purchase stocks for the long term. The recent gyrations must have tested all short term...