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Elliott Wave Analysis Of The NSE 20
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:hisah wrote:mnandii wrote: Careful with Safcom. When it crosses back below 12.70 the goose will be cooked! Classic upthrust. Definitely 12.70 and lower is coming. Support at 11.50 needs to be retested to confirm if bulls can sustain above 13. Exdiv from today. That upthrust on mpesa bank to retest the highs and rejected... NSE20 closed @5217 with higher highs, but RSI has lower highs. 3rd index chart showing RSI divergence. Bull strength is questionable at this lofty levels...
@mnandii - Are you watching this drama  If the pegs at 11 - 11.50 cave in, things will get interesting to the downside... This elephant has a sizable weight on the indices.
Mpesa bank is sliding a few weeks to H1 release. Seems H1 is not looking good.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 1/3/2014 Posts: 257
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http://www.businessdaily.../-/11nxcuh/-/index.html
There is a quote in the article “We have seen some profit taking on these counters, with the high liquidity moving the market. Several companies have had projects bearing fruit hence exciting local investors,” Could this be a sign that a slump is ahead and those with the foresight exiting? If so, those excitedly getting in now are in for a shock!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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DBLyon wrote:Has anyone done a study on the effect of the fall of international markets on our markets here? The ripple effect e.g. of the previous real estate meltdown that wreaked havoc on our interest rates? Has this ever happened before the said 2010 period? Any patterns with regards to timing before the effects get here, etc.? Reasons for the far-reaching effects? I would be very interested to know. The NSE usually lags the international markets by 3-6 months. Everything the international markets do, the NSE will do after a while. The NSE movements also tend to be more volatile and sharp. Compare the DJ and NSE 20 on ft.com and see for yourself. Life is short. Live passionately.
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Rank: Member Joined: 12/17/2013 Posts: 118
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mnandii wrote:ecstacy wrote:Are global stock markets about to tank?.. Very much so.  @Mnadii,hisah...can you please do a wave analysis for MSC,THE EVERTANKING BUS KCB,NMG,PAFR
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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yosie14 wrote:mnandii wrote:ecstacy wrote:Are global stock markets about to tank?.. Very much so. @Mnadii,hisah...can you please do a wave analysis for MSC,THE EVERTANKING BUS The chart is very bearish and the rout (capitulation) gained steam after 3/- handle broke down. But some TA indicators (RSI etc) are so stretched with extreme overselling. Such readings warn of sharp reversals. But a risky trade it is with gok in the mix. Risk only what you can afford to lose.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@mnandii, metaspoilt, sparkly have a look at NSE20 1yr chart. If 5000 handle breaks down, the downside pressure will be heavy. Most banks are skidding, but mpesa bank is holding the fort for now. For how long... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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hisah wrote:@mnandii, metaspoilt, sparkly have a look at NSE20 1yr chart. If 5000 handle breaks down, the downside pressure will be heavy.
Most banks are skidding, but mpesa bank is holding the fort for now. For how long... Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Happy New Year Dear Wazuans! I was away for a while but nimerudi sasa. NSE 20 SHARE INDEXIndications are that the bear has resumed as depicted in the long term chart (a redone of labels) below.  The impulse wave down from the 5406 high back in Sep. 2014 lends credence to this fact. More below. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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The Impulse wave from Sep. 2014 high at 5406.39  A closer look and FIB analysis:  After completion of wave 1 down (Composed of waves [i] ......wave [v]) the NSE 20 share index is likely rising in wave 2 whereby wave [a] shld be complete soon. Another downswing toward 4907 is expected before a rally above 5193 to complete wave 2. Size of wave 1 = 5406.39 - 4907.27 = 499.12 Wave 2 targets are 5157, 5216 or 5300 levels. After wave 2 completes we shld expect a drop below 4900. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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 KES$. Rising in wave 2. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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5 Yr Chart:  Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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There will be headline grabbing drop in the DOW quite soon. i.e the start of the Bear. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Quote:Virtually every bear market we've studied began when it was least expected.
Yet the warning signs were always there. Read more: http://www.elliottwave.c...rend.aspx#ixzz3O6XhRdBL Follow us: @elliottwaveintl on Twitter | ElliottWaveInternational on Facebook Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Quote:The Nairobi Securities Exchange (NSE) is likely to experience bullish trading this year, driven by better economic growth and major investments by listed companies, according to analysts’ reports.
Listen to the above and you'll be completely ruined! linkConventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Was mr.mbaru consulted by this optimistic analysts? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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mnandii wrote:Quote:The Nairobi Securities Exchange (NSE) is likely to experience bullish trading this year, driven by better economic growth and major investments by listed companies, according to analysts’ reports.
Listen to the above and you'll be completely ruined! link only one opinion will carry the day so far iam bullish until Q1 numbers "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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mnandii wrote:Quote:The Nairobi Securities Exchange (NSE) is likely to experience bullish trading this year, driven by better economic growth and major investments by listed companies, according to analysts’ reports.
Listen to the above and you'll be completely ruined! link NSE IS BULLISH,VERY BULLISH... THESE ELLIOT CHARTS MAKE YOU LOSE MONEY...true the bear will come but until the trend changes,we make money..and you can still make money from a sloping market I am already on big profit from Dec 15th 2014
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Member Joined: 9/12/2014 Posts: 120 Location: Nyali
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Its as if you read my mind..let the prophets of doom continue chanting as we smile all the way to the bank.This wave is quite huge and we gonna ride it to the very end!
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Metasploit wrote:mnandii wrote:Quote:The Nairobi Securities Exchange (NSE) is likely to experience bullish trading this year, driven by better economic growth and major investments by listed companies, according to analysts’ reports.
Listen to the above and you'll be completely ruined! link NSE IS BULLISH,VERY BULLISH... THESE ELLIOT CHARTS MAKE YOU LOSE MONEY...true the bear will come but until the trend changes,we make money..and you can still make money from a sloping market I am already on big profit from Dec 15th 2014 Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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shrewdinvestor wrote:Its as if you read my mind..let the prophets of doom continue chanting as we smile all the way to the bank.This wave is quite huge and we gonna ride it to the very end!
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Elliott Wave Analysis Of The NSE 20
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