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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 24 October 2014

#dax $dax

8938 was the last support zone below - orange 'b' may be aiming for that, providing excellent opportunity to find longs with the prior low as cover at 8909. A clean hit of 8938 is to be looked out for with volume spikes into that zone. Either aiming to be long down there or short higher up but not fiddling around in the middle of the 8938 to 9089 S&R lines.
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