"Good morning, friends! As of October 31st, the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. After that, if a pullback occurs, we can anticipate a continuation of the pullback. On the other hand, there is a sub-wave 4th...
"Good morning, friends! As of October 31st, the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. After that, if a pullback occurs, we can anticipate a continuation of the pullback. On the other hand, there is a sub-wave 4th...
"Good morning, friends! As of October 31st, the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. After that, if a pullback occurs, we can anticipate a continuation of the pullback. On the other hand, there is a sub-wave 4th...
ADX:TAQA Probability No.2 A clear impulse wave forming in TAQA. In parallel line extended wave 3 is forming. But I think in extended wave there are also more 5 sub-waves. Meaning double extended wave in wave 3. But it's only possible if wave ➂ is larger than wave ➀. It's complex to understand. Wave 3 is normally extended one. Meaning wave 3 have also 5...
Its been a while since I have used Elliott to signify an upcoming trend., Although my significance is on that continuing triangle breakout. Let's see how it performs.
"Good morning, friends! As of October 30th, the global market sentiment is bearish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a neutral to slightly gap-down start. Structurally, we can expect a minor correction ranging from 38% to 61%. After that, if a pullback occurs, we can anticipate a range-bound...
"Good morning, friends! As of October 30th, the global market sentiment is bearish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a neutral to slightly gap-down start. Structurally, we can expect a minor correction ranging from 38% to 61%. After that, if a pullback occurs, we can anticipate a range-bound...
"Good morning, friends! As of October 30th, the global market sentiment is bearish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a neutral to slightly gap-down start. Structurally, we can expect a minor correction ranging from 38% to 61%. After that, if a pullback occurs, we can anticipate a range-bound...
ADX:FADGI ADX completed it's wave 3 and it's in wave 4. wave 4 is unfolding in double three complex correction pattern. It's in near final phase of wave y. Can't say that it will reverse from the target point because it can again start unfolding in triple three complex correction pattern( Wave WXYXZ ). Chances are stock can rebound from 9167 level and will go to...
ADX:FADGI ADX completed it's wave 3 and it's in wave 4. wave 4 is unfolding in double three complex correction pattern. It's in near final phase of wave y. Can't say that it will reverse from the target point because it can again start unfolding in triple three complex correction pattern( Wave WXYXZ ). Target 1) My target for wave Y is 8900 . 2) Reverse...
DFM:DIB 1) DIB is in consolidation for nearly couple years now. It's a clear Triple Three Complex Correction structure. Now it's final wave form of Triple Three Correction which is wave Z. 2) To complete the structure stock price should have to go below wave Y. I think stock will go below wave Y which is 5.10. 3) My target for wave Z is Lower trend line...
"Good morning, friends! As of October 27th, the global market sentiment is bearish, as indicated by the Dow Jones. Our market is also bearish. It may open with a neutral to slightly gap-up. After that, if the market takes a pullback, we can expect a 23% to 38% pullback wave. On the other hand, if the gap-up doesn't sustain, the correction will likely continue."
"Good morning, friends! As of October 27th, the global market sentiment is bearish, as indicated by the Dow Jones. Our market is also bearish. It may open with a neutral to slightly gap-up. After that, if the market takes a pullback, we can expect a 23% to 38% pullback wave. On the other hand, if the gap-up doesn't sustain, the correction will likely continue."
"Good morning, friends! As of October 27th, the global market sentiment is bearish, as indicated by the Dow Jones. Our market is also bearish. It may open with a neutral to slightly gap-up. After that, if the market takes a pullback, we can expect a 23% to 38% pullback wave. On the other hand, if the gap-up doesn't sustain, the correction will likely continue."
35 Year SuperCycle "Two Indexes Diverges on reaching top" - Dow Theory So DJIA and DJT decreases to the lowest correlation or ratio on SuperCycle Top. In addition to this we can apply elliot wave theory. Next top is predicted to be between 2030-35.
ADX:EAND As I said in my earlier short-term view of EAND Analysis that I think Emirates Telecom Group Company (Etisalat Group) is near at the end of it's bearish trend. It's in final phase. I don't think it will go below 15.50 now. Still have to be careful when take position in this stock. My entry level is 19.58. Which is Higher High level from current...
ADX:EAND I think Emirates Telecom. Group Company (Etisalat Group) is near the end of it's bearish trend. It's in final phase. I will upload next long term analysis also. I think to take position in this stock it's better to wait till price to go above 19.58 to enter. Target: - Short term target is 21.35.
NASDAQ:IXIC I think Nasdaq composite is in XX Wave right now. No one can predict this wave how long it will be what kind of structure will unfold in this structure. Two Possibilities: - 1] It's in control range within main range. where price retest at resistance of control range. So, maybe price will go near 13500/- for retest and then go up near 13800/- After...