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 30 September 2014

#dax $dax

Possible leading diagonal on the 12pip range bar study - need to keep an eye on the reaction lower, especially into the weekly pivot line at 9391. Only downside momentum softening at the moment, but this could be an 'a' wave in a retracement back up or part of something bigger. Just thinking aloud, in case the next move downhill does not push on past yesterday's low to the monthly pivot, which could be construed as somewhat bullish.
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