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.

Friday 26 September 2014

#dax $dax

The 38.2% retracement line from 8902 to the high, looks to have slipped into resistance mode after a full frontal attack this morning. Price keeps jabbing at it, leaving the VWAP on the 2nd chart, looking flat fro now. A break of this morning's low may see the 50% at 9397 attained, which will have me banked and out for tonight. Let's hope the market has not already shut up shop!

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