Elliott Wave Analysis of Emar, Dubai

It has been a while since we looked at the Elliott Wave Analysis of Emar, an important component of the Dubai stock index. As always, there are more comments on the chart than here. Enjoy. PS The stock is still looking positive and could test the top of wave 1 seen...

Elliott Wave Counting of Dubai Financial Market Index

A reader has posted a comment that he ran into trouble with the rule that the 3rd wave cannot be the shortest. (I bought your book and reached the “Rules of the game” Tried to implement it on the DFM Index Chart Starting from the March 2011 bottom i started marking. I...

Dubai Index

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. A safe level to buy will be around 1860 in the index. As always, when one is trying to pick a...