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, 25 September 2013

Dow Jones $indu

Think that is it; little bit more fun there to buy lower again but that I did. There are a number of upside targets, although the first to clear would be the gap thresholds I presume. The 85.4% fibfan of the whole move sits at the 78.6% retracement line at 15628, so for now, that is my target. With the weekly MyWave now turned down, it is safer to assume this will be a retracement back but I'll keep my options open near the highs!

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)