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, 2 May 2013

Dow Jones

I have tried and tried with this index but always ended up with little to show or stopped out, for attempts to find a top. However, I reckon that the market (no surprise!!) is overdue a sizeable correction of a minimum 224day cycle. Analysis on chart. The end of the lines are where the lows are due - given market has not started falling yet, there is some catching up to do!
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