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.

Wednesday 26 November 2014

#dax $dax

The 123.6% extension has seemingly held overnight, as has the diagonal structure pushing all the price envelopes here on the 2hr chart. The 162% extension of the move from 9126 to 9524, sits at 10026 according to my calcs. Just seems sort of inevitable, being a big round number and all. Lets see if she gets there today.
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