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, 6 November 2014

#dax $dax

Looking mighty toppy here according to the stochs on the daily - I am past counting more EW waves here and looking to sell strength regardless. The 4hr EW chart shows more needed to reach 9550+ to give 100% extension of blue 'a-b', but I prefer shorting into it from here-on-in.

The hourly chart shows a possible diagonal to work into the top.

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