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.

Thursday, 2 October 2014

#dax $dax

Very gloomy out there is twitter land on the near term pathway. Both the 4hr & 8hr stochs generated positive divergence into that low, the latter shown here. I am looking for a move up to 9600 zone out of this bottom and nearly 100 pips off the low is not a bad start. I'll write more in the morning.
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