Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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
Almost at 38.2% retracement mark and at hourly channel perimeter with positive divergence on both stoch and rsi, inside a bullish wave on both 4hr and daily charts (not shown). Re-entering long with 9800 target if yesterday's high at 9782 gives way.
No comments:
Post a Comment