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.

Friday, 18 October 2013

Dow Jones $indu

Nothing new to add really. Been mapping out a diagonal and we got one. Of particular interest is the proximity to the pink box in the peak of the FLD which I mapped out at the bottom - look back in posts to see. The diagonal has brought price under the FLD, which is the half cycle forward of the moving average of the Daily Pivot (green/red line).  I am looking for a move down to the 85.4% speedline to bank my shorts. We shall see.
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