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, 9 July 2013

Dow

Proof in the pudding is coming at the pink line - the FLD/trigger line. If price can push through that, we may see something a bit more committed. Note the groupies that joined the party to the upside - all the way to 50 day trend cycle. Will they be needing to sell or not is the question but plenty of meat on the bone now I think.

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