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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



Glad I got rid of the longs up there then and in short for what could turn out to be cross over day on a monthly basis. Matters seem poised at the 20 day FLD, the 20 & 50smas and at the weekly pivot band; which ever study floats your boat really. That rejection earlier today was a bit of a kick in the teeth to the 'everything's normal' camp, so hoping for a cross over as target area is a long way down from here with more wave 3 to come. We shall see.
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