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, 29 September 2014

#dax $dax

Price is now nearing the 100% extension of the first drive down from 9892 and already at the 50% retracement from 8902. Lightening up on shorts and wait for a reset across the momentum studies as all timeframes to the daily chart are oversold. Catch up later.

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