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, 25 June 2013

Dow

I have not posted the Currency Strength Analysis for this afternoon as I am busy with the Dow. I am counting this move up as 'c' in 'c' of a corrective with price attempting to make it to the 'half trend line' which coincides with the Median Line of the first wave down and retracement 'A-B'. I make the median at 14834 but anywhere short of that will be fine by me. Looking for a very sharp descent.
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1 comment:

  1. Anonymous25 June 2013 at 17:02

    Curious as to how you predict the descent will be sharp? Is there something you look at in particular that offers insight into how the next move will potentially look? Thanks.

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