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, 4 July 2013

Dow

It might be Independence Day and the market closed, but the prices continue to jiggle. The 1.5625 day trend line is supporting price at the moment and price action has taken the underlying moving averages to a 4bar bull,  but with it's orange fld, the daily pivot and the price channel median zone, a 100 pips lower or more, I'll add some shorts here and see if the quiet day grinds down instead of up.
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