Price has made it to between 100-127% of proposed a-b' on the 60min chart. If that is 'b' ended or ending then target for 'c' down would be 9347-9285. Given, I am still looking for 9333, being 38.2% of the move up from 8902 on the 4hr chart, this all sits well. Looking for shorting opportunities up here, but wary as above opening price of 9497.
Daily:
4hr:
60min:
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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.
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