by Ramki | Sep 26, 2011 | Copper
“The finest workers in stone are not copper or steel tools, but the gentle touches of air and water working at their leisure with a liberal allowance of time.” – Henry David Thoreau I can amend the above quote a little and say “The finest workers in Elliott Wave...
by Ramki | Sep 25, 2011 | Gold
The sharp move down has all the characteristics of a move that starts after completing an extended fifth wave. Our target should be wave ii of the extended fifth, which lies at 1478. Having come down to 1626, the 23.6% retracement level of the whole five wave rally,...
by Ramki | Sep 18, 2011 | Inr
There have been many calls for an analysis of the Indian Rupee, which has recently seen a bout of weakness. I am often amazed at how importers and exporters alike are not able to take simple decisions about hedging at certain levels which make a compelling case for...
by Ramki | Sep 18, 2011 | Dow Jones
Exactly a month back, on 18th August, when we discussed the Elliott Wave outlook for the Dow Jones Industrial Average, we identified 11725 as a key level. The index topped out at 11712 and came off by over 7%. However, we are witnessing yet another recovery in this...
by Ramki | Sep 12, 2011 | Euro
Here is a quick update on the EURUSD. Remember, when you are trying to deal with a live market, you keep adjusting your strategy as it unfolds. This morning, the EURO gapped down to 1.3565 (our 100% projection level). From there, it recovered to 1.3620 and then got...
