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 21 November 2014

#dax $dax

Think we are in the final parts of wave 3 contracting diagonal here - had to drop to 15min chart to unpick wave 2 or 'b'. If wave 4 gets a 38.2% of wave3, then down to 9625 (on current high - needs to be adjusted if make new high first) before wave 5 up. Well that's how I am reading it.

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