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, 20 October 2014

#dax $dax

This is what my hourly chart looks like: I wonder if we are to get a triangle here in 'b'? That channel perimeter is holding for now, so a possibility as would a flat into the cloud. Just thinking that at 38.2% back already from 8351, maybe the shorts are going to have to bite the bullet and we are just waiting for that decision to be made.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)