Elliott Wave update on Dubai index 6 May 2010
6 May 2010
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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 to be patient and enter the market only when a valid signal is seen. Click here to see the previous update on Dubai. | |
This is the kind of Middle East markets setup I break down in detail in the impulse and correction chapters of Five Waves to Financial Freedom, the same tools used across every market I trade, including Middle East indices.