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 29 May 2013

Dow Industrials

With that dip into the 'i' territory, the EW count could be revised as such. Perhaps that thrust down off the top was an 'abc' retracement 4th wave and here we have the 5th up in an expanding diagonal in the 5th. I really hope so as I have been bagging the shorts on the dips and now covered. A new high, drop the cover and re-load the shorts for the long ride home would be a fantastic June already!! Just thinking aloud
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