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, 17 October 2014

#dax $dax

Price softened from yesterday's highs but surf riding the trend MA at the moment. That stoch will have to bottom out at some point to reset the cycle, but would prefer a move to the next resistance level at 8673 to try shorts again or for 8527 to break and hold. Flat this morning to see what the strength does first, into yesterday's high.
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