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, 26 September 2013

Dow Jones $indu Elliott Wave

I keep looking at this blessed chart and I am shifting the count again. The target at 15220 ish is still the same but given this slow start, I am going back to it being the 5th in 5 not 3. If you look at the MACD on the larger chart, it seems that there was a sneaky wave 4 in that mess earlier in the week that I thought might be a 'b' cluster. Anyhow, I'll chance my short cover off near 15210 in case we  get deliverance northbound from there.


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