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Elliott Wave Analysis of Dubai and Kuwait Stock Index
Here are the charts of Dubai Financial Market Index as well as Kuwait Stock Market Index. I prepared the analysis of Dubai Markets before the news as you can see from the date on top. Both charts are posted here just to illustrate the usefulness of elliott wave analysis of stock markets even if one [...]
Bombay’s Sensex and Kuwait’s Global: An Elliot Wave Approach
Even if you are from the West, and have no interest in a company that is called Global Investment House, Kuwait, you would learn something by looking at the way the waves have been labelled. Likewise with the Sensex, which is the Bombay Stock Exchange Sensitive Index. Enjoy!
KWSE near a short term low
The Kuwait Stock Index is approaching some short term objectives between 10500 and 10760. Expect a recovery to around 11500 as a first step, and later on to 12200. It is likely that this move will not be a simple and straight move as there are many badly bruised traders out there.
Hesitant Moves By Kuwaiti Stock Market
While the stock markets in the rest of the GCC have surged in tandem with the rest of the world, one might wonder why the moves in Kuwait are so hesitant.
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