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 30 September 2014

#dax $dax

Unless something striking occurs in either direction, I continue to work this low forming as an opportunity to see a bounce on the 4hr to daily stochs/charts. There are a number of targets below, with the Monthly Pivot at 9324 an obvious goal for the market. The 61.8% retracement of the move from 8902 is at 9278, another worthy contender. As I said yesterday, nearer 9300 is probably a safer place to look for trend changes. Catch up later.
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