Category Archives: 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 Analysis of Shanghai Composite Index

When I saw a report in Bloomberg Businessweek that Elliott Wave International Inc was suggesting that the ‘correction’ in Chinese stocks may be nearing its end, I decided to look up that chart myself. We all know that wave analysis … Continue reading

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Posted in China | Tagged | 1 Comment

Elliott Wave Analysis of Dow Jones Industrial Average

Here is the Elliott Wave Analysis of DJ Industrial Average that I presented to an audience of over 200 traders this morning.  You will see that I am bearish in the slightly medium term for a dip to at least … Continue reading

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Posted in Dow Jones | Tagged | 1 Comment

Elliott Wave update on Kuwait Index 6 May 2010

On 8th March I had privately circulated an Elliott Wave update on Kuwait index. This is produced here just to demonstrate how one has to change his tune when the market shows it has a different mindset. Today, 6th May, … Continue reading

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Posted in Kuwait | Tagged | 2 Comments

Elliott Wave update on Dubai index 6 May 2010

It has been a while since I looked at the Dubai index. From an Elliott Wave perspective, I suspect that we are continuing in a 4th wave bearish pattern that will eventually break down for a final leg.  We have … Continue reading

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Posted in Dubai | Tagged | 9 Comments

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 … Continue reading

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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 … Continue reading

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Posted in Dubai | Tagged | 7 Comments

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 … Continue reading

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Posted in Dow Jones | Tagged | 4 Comments

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 … Continue reading

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Posted in India | Tagged , , , , | 7 Comments