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.

Wednesday, 24 July 2013

Dow

Little bit more work for price to do but it is giving the impression of beginning its move into the 25 day low ( being the first 25day cycle in the last and 4th 100day cycle in the last and 3rd 80 week cycle in the 54month cycle, due to bottom in November). So, I am quite interested in the extent of this drop and the 50 day cycle reaction. So far, it is looking quite punchy and may it continue for a bit. Three charts to bring us up to date. Do ask if you'd like any further explanation.


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