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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 9 July 2014
#DowIndustrials $DowIndustrials #Trading
Price appears have made an 'abc' retracement just shy of equal legs but has made it to the 61.8% fibo of yesterday's drop. Taking a short here, and will move to BE/free trade on first stab down. Worth a go with the hourly trend still bearish here.
Price appears have made an 'abc' retracement just shy of equal legs but has made it to the 61.8% fibo of yesterday's drop. Taking a short here, and will move to BE/free trade on first stab down. Worth a go with the hourly trend still bearish here.
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