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, 31 October 2014

#dax $dax

I have moved down to a 45min chart to find some harmony on the wave formation: the red MA is 'adaptive' and clearly shows ongoing uphill progression for now. If 9300 is not going to hold, then 9400, may just be the ticket. Would fit a grind into the regression channels from 8351 and the latest low. I want to be short, but nothing to play with so far.
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