Price has drifted away from today's 50% again, but not with the momentum hoped for. Looks like a pinball lever again, with the next nudge upwards, although maybe only in a 'b' wave rather than a new high, given the direction of the wave here. Anything stronger, that turns the wave dynamically, and then I'll look for longs but for now, shorts higher than here.
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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.
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