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.

Tuesday, 21 October 2014

#dax $dax

I have removed one of the count alternatives to show the one that looks most likely given the current price action. The cloud is weak at 8716 at the bottom of the price envelope, so holding above there should keep this count alive. There was a volume spurt at 8790 there, so maybe that is the new buy point to defend; prefer lower!
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