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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 19 November 2014

#DAX $DAX

Furthe to the weekend review, I do not necessarily like the chop chop feel of the move up from 8351 but this impulse count does seem to fit with the 5's inside each blue wave. Could be corrective but with the 100%-123.6% extensions of wave 1-2, coming up above, I think it safe to assume a 5th wave in play rather than 'a' of 'C'.

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