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, 9 September 2014

$dax #dax



The 4hr chart is showing no signs of reversing the bullish trend quite yet and therefore, the 'up' first scenario into the 9850-9900 area looks on, although with the volatility range topping out up there near the next Pyrapoint line, I'll be banking shorts on the first forays up.








The hourly chart now shows the stochs oversold, although the pullback thus far is shallow again, not reaching the 38.2% so far. However, I am nudging long and looking for 100 pips or whatever the next hourly cycle will give me.
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