Elliott Wave Analysis of Emar, Dubai

It has been a while since we looked at the Elliott Wave Analysis of Emar, an important component of the Dubai stock index. As always, there are more comments on the chart than here. Enjoy.
PS The stock is still looking positive and could test the top of wave 1 seen earlier.

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About Ramki Ramakrishnan

Over 25 years of market experience that I would like to share with you through these pages. Check out the various links and see what interests you. Come back regularly for more. Tell your friends. Enjoy!
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12 Responses to Elliott Wave Analysis of Emar, Dubai

  1. Khalid Mahmoud says:

    I would say I have read a lot of EW before but could not understand it; but after I purchased your book and read it I started loving EW.

    If you pls have a look at the Dubai Index, as it will be a start point for me to go forward.

    Keep up the good work and have a nice holiday.

  2. ahmed says:

    wow u where right mr. ramki….. emaar test the wave (1)….any update..

  3. ahmed says:

    mr. ramki can u please update emaar chart

  4. ali says:

    Please can you analyze DFM chart

  5. ali says:

    are we going to see new relly on feb /2013

  6. ali says:

    Hi Ramki, could you please update your Elliott wave analysis for DFM, please

  7. ali says:

    need you advice mr. ramki …is this correct wave ? are we going to see correction soon on DFM index

    • Ali, maybe a small one in the short term,but the market looks very bullish to me

      • Sam says:

        Dear Ramki,

        Would you please give your idea about Dubai DFM market now.
        I had some shares and sold them all. I have seen the market always come down from May till July in Dubai, is it the same this year?
        Thanks in advance.

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