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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.

Wednesday, 25 September 2013

Dow Jones $Indu

Well it does look like a wedge right into the 50% retracement zone of the whole of the last rise up. Is it over, is another question. Got all the hallmarks with neg divergence and the like as well as the count, but it ain't over until the market says so. It will be interesting indeed to see what the upward response will be to this......when it comes!

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