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, 22 October 2013

Dow Jones $indu

So far, the 85.4% fib fan of the move down has held price to the downside. This confluence coincides with the Valid Trend Line of the 80day phasing cycle (56trading days). Have added shorts here but cautiously, given the lesser cycles are all in a bull stack.


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