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 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

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 … Continue reading

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Posted in Dubai, Kuwait | Tagged , , , | 11 Comments

Sterling, India’s Sensex and Australian Dollar Outlook plus holiday notice

Hello, I am going to be away for a month on holidays. So will catch up with you when I return. In the meantime, here are two quick updates that you might find interesting. One is on GBP/USD and the … Continue reading

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Posted in AUD, GBP, India | Tagged , , , , , , | 3 Comments

India’s Sensex: Technical Analysis

No change in the technical outlook forthe Sensex. Wavetimes anticpates a turn in the 16045-16115 window. Continue reading

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Posted in India | Tagged , , | 4 Comments

Sensex outlook

Repeated tests of a support line makes that level important in the big picture. So far, the Indian benchmark Sensex has managed to hold above the support line shown in the chart. However, if we get a break of that, … Continue reading

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Posted in India | Tagged , | 2 Comments