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

Not very impulsive out of the 50% zone of 9739 this morning. Might be worth looking for a 'b' wave pull back here to 9811-9830 before another leg down to test that 9587 low a bit closer. The 76.4% retracement of 9587 to Friday's high sits at 9658, so maybe up enough to make that target as a 100% extension. Will see what the move up looks like nearer 9811.
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