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.

Tuesday, 11 November 2014

#dax $dax

Price has done very little overnight albeit pushing from the 100% to 123.6% extension of the 'a' wave in a proposed expanded flat. I remain short and will either look for a 50% pull back into the 9290 zone if price action suggests that a retracement down is all I am getting and this is a leading pattern up, or if starts impulsing down, to the 9150-9100 zone, which I covered yesterday although slightly higher. Either way, some downhill to clarify matters would be appreciated.
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