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, 24 May 2013

Dow Industrials

Looks like a leading diagonal yesterday in an 'a' wave correction. The intra-day momentum cluster on the second chart looks like there is some downside coming to work off the 1.5hr study, which makes me think we are going to see 'c' of 'b' today, although I'd be happy wrong and we get more downside. Blimming messy for sure. Best place for corrections is behind us!!
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