Your Custom Google Search
Custom Search
Indices
Welcome to the website that offers you an insight into S&P500, Nasdaq Composite, FTSE, NSEI and Nikkei from Elliott Wave perspective! Read to your heart’s content, and feel free to ask questions.
Elliott Wave update on Dow Jones: Internal Wave Count
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 mentioned elsewhere, Elliott Wave Analysis [...]
ELliott Wave Analysis of Dubai Index 18 Jan 2010
Following an extended 3rd wave sell off, the index had recovered by 50% of that decline. However, I feel that this recovery was only part of a complex 4th wave. SO be patient while this 4th wave unfolds over an extended period of time. We will get the 5th wave much later, at which time [...]
Elliott Wave Update on Dow Jones 17 Jan 2010
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 [...]
India’s Sensex Update 4 Jan 2010
Two consecutive closes above the prior significant high means we should re-evaluate the wave counts and this has been done on the chart. The main suspect until this time is what I have labelled a 5th wave of the third wave. That looks like a 3-wave movement withthe 3rd leg measuring the same as the [...]
Recent Comments