wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

372 Pages«<7576777879>»
Elliott Wave Analysis Of The NSE 20
Options
Previous Topic · Next Topic
hisah
#761 Posted : Wednesday, August 26, 2015 5:56:06 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@mnandii, SPT and sparkly check out this weekly FTSE NSE 15 chart! Going into the airpocket zone.... We have acres to fall!! Support at 187 has been taken out with force.




From the NSE20 peak at 5499 to date 4171 the index has shed 24.14%.

From the year open at 5117 to date the index is down 18.48%

Final chance for the bulls to hold the fort by defending the 4000 level. The long term trendline from the GFC low (2360) currently rests around that 4000 level. If that breaks down it'll be a very nasty thing for the bulls.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Wednesday, August 26, 2015 6:17 PM | Reason: Not specified
snipermnoma
#762 Posted : Wednesday, August 26, 2015 7:10:11 PM
Rank: Member

Joined: 1/3/2014
Posts: 257
hisah wrote:
@mnandii, SPT and sparkly check out this weekly FTSE NSE 15 chart! Going into the airpocket zone.... We have acres to fall!! Support at 187 has been taken out with force.




From the NSE20 peak at 5499 to date 4171 the index has shed 24.14%.

From the year open at 5117 to date the index is down 18.48%

Final chance for the bulls to hold the fort by defending the 4000 level. The long term trendline from the GFC low (2360) currently rests around that 4000 level. If that breaks down it'll be a very nasty thing for the bulls.


Also watching Safaricom. @hisah you called this less than a month ago http://m.wazua.co.ke/for...&m=677606#post677606.
Back to top
  |
sparkly
#763 Posted : Wednesday, August 26, 2015 8:23:05 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
snipermnoma wrote:
[quote=hisah]@mnandii, SPT and sparkly check out this weekly FTSE NSE 15 chart! Going into the airpocket zone.... We have acres to fall!! Support at 187 has been taken out with force.




From the NSE20 peak at 5499 to date 4171 the index has shed 24.14%.

From the year open at 5117 to date the index is down 18.48%

Final chance for the bulls to hold the fort by defending the 4000 level. The long term trendline from the GFC low (2360) currently rests around that 4000 level. If that breaks down it'll be a very nasty thing for the bulls.


Also watching Safaricom. @hisah you called this less than a month ago http://m.wazua.co.ke/for...mp;m=677606#post677606.[/quote]
120-180 looks like a good zone for trading the range. @Hisah are you going to indulge in trading the oscillators?
I might be tempted to commit 20-25% of my portfolio to active trading.
Life is short. Live passionately.
Back to top
  |
redi
#764 Posted : Thursday, August 27, 2015 9:12:14 AM
Rank: Member

Joined: 1/24/2008
Posts: 46
Location: Embu
Given that most of the companies will report lower earnings in 2016 and a gook chunk of them will be in loss making territory, isn't it time to call a spade a spade---- The economic recession is here!
Back to top
  |
Muthawamunene
#765 Posted : Thursday, August 27, 2015 10:09:11 AM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
Fudge!Fudge!Fudge!Fudge!Fudge!

Today's top losers list is just the worst.

Even the stalwarts (utility companies that provide basic service - KPLC, KENGEN, UNGA)are losing grip. This shows that investors expect Kenyans to seriously cut their spending budgets going forward. (Which is true because even I myself have been buying less data bundles for my phone)

And the faintest glimmer of sun shine is not till 2017 (or 2018 if election fever catches)


Back to top
  |
cnn
#766 Posted : Thursday, August 27, 2015 5:28:18 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
NSE 20 closes at 4080.Will 4000 hold tomorrow?
Back to top
  |
hisah
#767 Posted : Thursday, August 27, 2015 6:04:07 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
cnn wrote:
NSE 20 closes at 4080.Will 4000 hold tomorrow?

Pray Pray Critical level this one. It has to hold otherwise the bulls will get a very rough shaving.

Scoping today's mpesa bank intraday behaviour we may find a floor. The price leaked all the way down to 12.60 and by afternoon had been pushed back above previous close @13.45. At end of day the high was 14.50.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Thursday, August 27, 2015 6:31 PM | Reason: Not specified
hisah
#768 Posted : Thursday, August 27, 2015 6:58:17 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
sparkly wrote:
snipermnoma wrote:
hisah wrote:
@mnandii, SPT and sparkly check out this weekly FTSE NSE 15 chart! Going into the airpocket zone.... We have acres to fall!! Support at 187 has been taken out with force.




From the NSE20 peak at 5499 to date 4171 the index has shed 24.14%.

From the year open at 5117 to date the index is down 18.48%

Final chance for the bulls to hold the fort by defending the 4000 level. The long term trendline from the GFC low (2360) currently rests around that 4000 level. If that breaks down it'll be a very nasty thing for the bulls.


Also watching Safaricom. @hisah you called this less than a month ago http://m.wazua.co.ke/for...mp;m=677606#post677606.

120-180 looks like a good zone for trading the range. @Hisah are you going to indulge in trading the oscillators?
I might be tempted to commit 20-25% of my portfolio to active trading.

@sparkly, which oscillators are you scoping?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#769 Posted : Thursday, August 27, 2015 7:10:34 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
I can see parliament was very busy today with many financial related bills getting ironed out. CGT, interest rate cap and 5B core capital rule.

MPs throw out Sh5bn core capital rule

Feels like we're due for a bottom to start developing.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
Aguytrying
#770 Posted : Thursday, August 27, 2015 9:05:01 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
I can see parliament was very busy today with many financial related bills getting ironed out. CGT, interest rate cap and 5B core capital rule.

MPs throw out Sh5bn core capital rule

Feels like we're due for a bottom to start developing.


Is this what you were saying about watching the CB? Have they seen the consequences of their actions in red?
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
372 Pages«<7576777879>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.