DFMGI tracks Dubai Financial Market which is the largest financial trading exchange in the United Arab Emirates. Dubai has emerged as a global city and business hub of the Middle East , it’s contently growing bigger and becoming one of most expensive city in the world. The Dubai Financial Market (DFM) was founded on 2000, looking at […]

In this Technical blog we’re going to take a quick look at the past Elliott Wave chart of IBEX chart from March 22,2017, which were presented to the clients at elliottwave-forecast.com. We are going to explain the structure & see how the index continued the rally afterwards. IBEX 1 Hour March 22 London Updated Chart Above […]

Consol Energy (NYSE:CNX) is the largest producer of bituminous coal in the United States and the largest exporter of U.S. coal, It managed to survive through the major disruption in the financial markets because of its diversification strategy around natural gas and other services. Despite being one of the oldest company in the industry, originally created in 1860 […]

In our last technical blog about Facebook, we explained that the stock is in a 3-year-old bullish trend, forecasted further rally and break above 10/24 (133.31) peak. As we can see now from the chart below, the price ended pull back at 113.41 low on November 14th as a truncation. After that, it traded sideways […]

Allegiant Air is an American low-cost airline that operates scheduled and charter flights owned by Allegiant Travel Company (NASDAQ: ALGT) . The Company offers low-cost passenger air travel to residents of small, under-served cities in the U.S. and last year is started flying to Newark Airport. On January, the airline announced 17 new routes that will begin service by […]

The video below explains why SPX Index remains a buy in the dips due to incomplete bullish sequence in the Index from 11/4/2016 low and we also explain why we could expect SPX to pullback and show the area where dip buyers are expected to appear. SPX Index Video   4 Hour SPX Index Elliott […]