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 Index sharing the same cycle with the rest of world Indices and suggesting that there should be more upside to come if it manage to hold above November 2016 low. A deeper correction may happen but the Index will remain supported as it ended a corrective cycle and has a bullish structure in the bigger time frames.

https://elliottwave-forecast.com/stock-market/dfmgi-elliott-wave-view/

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