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, 5 November 2014

#dax $dax

At the 9318 line of yesterday's high but not a lot of bearish activity yet, albeit there has been an initial rejection. Given this ongoing momentum, I prefer to buy nearer 9250, given the channel bottom on the 10min chart, if the stochs can get into oversold near there.
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