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.

Monday 22 September 2014

#dax $dax

MyWave is behaving very well today! I am torn between a zigzag down to the previously discussed 76.4% retracement of Friday's low to high at 9658 or a flat in the ''b' wave to tag the 61.8% above, first. With price back under today's open, Friday's low and the daily 50% rolling retracement line, I have held short with cover above today's high and hope for the former.
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