Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Friday, 2 November 2012

2.30pm update

Got a small ending diagonal on the daily My-Wave chart. Break out that takes out the 1.2895 area and then holds the low, should be worth an attempt uphill. That would also break over the green 32 line in the sky in the 2nd chart. I have drawn in a 2nd 'green' regression channel in the 3rd chart that should set up the breakout in due course (or not as the case may be!). Just gotta keep following it till we get confirmation.
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