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.

Friday, 7 November 2014

#dax $dax

Well, all seems to be playing out according to the cycles discussed earlier. If this is a green circled 'b' wave then the 9148 should hold. We are already at yesterday's low and close to the 123.6% extension of yesterday's rise and fall. If there is going to be a pull up to the 9500-9700 zone, it should be from around here somewhere. I am already long having banked some shorts on the way and hoping to build more on confirmation that the move up has begun. Catch up later.
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