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.

Wednesday, 22 October 2014

#dax $dax

8938 provided a good place to try short as it was backed by yesterday's high just above. I have laid out the extensions of today's proposed 'a-b' move down into the 8800 zone. Look to move net long down there, but staying short into that zone with cover at 8938. Gotta break and hold 8908 (today's 50% line) if going to get going.
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