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.

Thursday, 23 May 2013

Dow Industrials

Cleared the 6.25Day FLD overnight and now approaching the 12.5D with momentum. Recall previous discussions on sequencing of these FLDs or look back in the archives. If the 12.5D gets taken out then on to the 25D at 15000 as per second chart: the green band is the 25Day FLD that provides the Wave above with its check and balance.
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