Elliot Wave Analysis lectures @INTAN 1998

1. ELLIOT WAVE
PRINCIPLE/
ANALYSIS

2. The Basis: DOW THEORY
 Charles H. DowCharles H. Dow (1884)(1884)
 TheThe grand-daddy of technicalgrand-daddy of technical
analysisanalysis::
1. The1. The averages discount everythingaverages discount everything
2. The2. The market has three trendsmarket has three trends:: TWRTWR
--
primary/majorprimary/major........................."tide"........................."tide"
--
secondary/intermediatesecondary/intermediate......."waves"......."waves"
-- minor/nearminor/near
termterm....................."ripples"....................."ripples"
3. Major3. Major trends have three phasestrends have three phases
- accumulation- accumulation
- trend-following- trend-following
- speculation- speculation
4. The4. The averages must confirm eachaverages must confirm each
ArifinLatif/Mar95

3. Elliot Wave Principle (EWA)

4. EWA: Major Characteristics

5. Fibonacci Studies: Impulse Action

6. Fibonacci Multiples & Ratios

7. Fibonacci Extensions

8. Fibonacci Retracements

9. Economic News & the KLCI
(Fibonacci studies)

11. GANN’S
LAW OF VIBRATION
Geometric Angles

12. Forecasting Nominal GDP
(Gann studies)

13. Some Applications of
Elliot Wave Analysis,
Gann’s Studies
& Other Analyses

14.  Stock market indicesStock market indices -- e.g. KLCI, DJIA, FTSE,-- e.g. KLCI, DJIA, FTSE,
NASDAQ, Nikkei, HSI, STI, SET, JCI, ……NASDAQ, Nikkei, HSI, STI, SET, JCI, ……
 Stocks & sharesStocks & shares -- e.g. TMT stocks, IBM, ICI,-- e.g. TMT stocks, IBM, ICI,
Microsoft, NTT, Hutchison, OCBC, CP, Salim Group,Microsoft, NTT, Hutchison, OCBC, CP, Salim Group,
Sime Darby (multiple listing?), …..Sime Darby (multiple listing?), …..
 CurrenciesCurrencies/Forex/Forex -- e.g. USD, Yen, Sterling-- e.g. USD, Yen, Sterling
 Agricultural commoditiesAgricultural commodities
 RSS1, CPO, Cocoa, Pepper, Vegetables (e.g. RedRSS1, CPO, Cocoa, Pepper, Vegetables (e.g. Red
Chilly), ikan jenahak, PorkChilly), ikan jenahak, Pork
 Extractive commoditiesExtractive commodities
 e.g. Gold, Tin, Coppere.g. Gold, Tin, Copper
 Industrial commoditiesIndustrial commodities
 e.g. Aluminium, Urea, Petrochemicals, Sugare.g. Aluminium, Urea, Petrochemicals, Sugar

15. Forecasting KLCI’s Megatrend
(EWA, Gann studies & Pitchfork)

16. Forecasting the Ringgit/USD
(various charting studies)

17. Forecasting qtrly Rubber prices
(EWA)

18. Forecasting monthly CPO prices
(EWA)

19. Forecasting daily Cocoa prices
(EWA)

20. Forecasting daily Pepper prices
(3-Line Break chart)

21. Forecasting monthly Chilly prices
(Seasonal/Cyclical Analysis)

22. Forecasting daily Gold prices
(EWA)

23. Forecasting daily Tin prices
(1% Kagi chart)

24. Some References for
EWA