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Elliott Wave analysis of Egypt's Equity Index EGX30 September 2015
- September 5, 2015
- Posted by: Ramki Ramakrishnan
- Category: Africa, Egypt, Equities, Indices
12 CommentsElliott Wave analysis works in all freely traded markets. The last time I offered you my Elliott Wave analysis of Egypt’s equity index, EGX30, it was back in August 2012. You can access that blog post by looking at the menu at the top of WaveTimes, under ‘Equities, Index, Africa, Egypt’. You will see how
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Elliott Wave Analysis of Egypt's EGX30 Index
- August 7, 2012
- Posted by: Ramki Ramakrishnan
- Category: Egypt
Is it possible to do an Elliott Wave Analysis of Egypt’s EGX30 index? Yes, of course. Take a look at the attached chart. You can see clearly that the second wave retraced wave 1 by 50%. That was followed by the third wave travelling just a shade over 161.8% of wave 1. We then got