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, 10 May 2013

Dow Industrials

Leading Diagonal and 'abc' retracement? Still looking for move downhill here whilst MyWave remains formed to the downside. The MACD studies in the subcharts provide a hygiene check of isolated days 1 to 3 within that MyWave and for now, there is no bullish thread apparent. Will stay short and add if price makes lower highs
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