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, 24 September 2013

Dow $Indu

All very chop chop this, around the area of the lower price threshold of the 'GAP' from the Sunday 15th open. Have to assume it is an expanding diagonal to end this leg down but it has been tiresome being long (of course) from above that gap. I do not need much of a bounce to be in the money, but that is much better said from the other side of the bounce. Looking for some comfort that counting 5's is still a straightforward matter of adding up and not an alien encounter..... and that the fact that the 240min, through daily and weekly Ichimoku charts are all in bullish or consolidation patterns, will have some impact on a pull up hill when it comes.


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