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, 3 November 2014

#dax $dax

No change from Friday's plan: looking for shorts into the hourly cycle low. A very stripped down MyWave sits as approx. 9000, also being the lower perimeter of the regression channel up from 8351. Momentum stepped up in that last rise, so 9200-9100 may contain the action to the downside if this bullish momentum is to be continued.
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