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

Still pushing lower in what continues to be a 'b' wave back: looking for support into the 50% zone at 8617 to lose shorts or at least some of them. However, price is struggling to push through this 38.2%, so maybe this is all we get for now and this just might only be 'a' down in 'b'.








With the Dow looking 'droppy' too, little to buy into at the moment but I do want to buy but may catch a 'b' up in the Dax and will need to cut, if tops out early.
 
 
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