That 9805 low seems to be holding: I am risking shorts banked with cover back in place under 9803. A ride into 9917-9964 would be the 100%-127% extension of wave 'A' up if 'Wave 'B' was that tiny little thing marked by the arrow and stoch drop yesterday. Looks blimming weird to me but the lull was there and this has been Scottish Vote week. Look to bank longs and be out of all trades if price can make it up there tonight. If the cover gets taken, I'll assume we really are having a proper correction from the 9587 low.
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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.
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