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.

Wednesday, 16 January 2013

Dow 5.42am

Price falls back under D1 - no bear trend can get going unless the first gate is passed. I took a punt last night on D6 being rejected, even if only a retracement down.
Now that looks like 5 waves down on the short term chart - will she continue after a test of D1? Catch up later on my small bite last night and whether it turns into a snowball.
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