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, 6 February 2013

Dow: 1.21pm

Stop is at BE, so just the outcome to decide now. My-Wave is telling me nothing at the moment other than price prefers to be in the Wave to come, me thinks, than the one it was in going up hill. If price makes it to the higher low without My-Wave forming properly, I'll be expecting a strong bounce to consolidate into the new wave in due course. Something pleasing about banking and re-loading if it goes my way!
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