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.

Tuesday, 18 June 2013

Dow

This is the 1min chart looking closely at that poke out of the diagonal, posted earlier. Looks to be breaking down and will try and follow it as low as it will go.Moving out to the 10min chart, it could be a leading diagonal to kick off a move to a new high, so wont be hanging around if the move down gets all zig zaggy!
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