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.

Monday, 17 November 2014

#dax $dax

If you followed the weekend review, you will know that I was expecting a drop out of the triangle and the market obliged. However, I am counting that as the 'a' of 'c' in C' and now looking for another drop to a marginal new low. I am still none the wiser as to whether this is a leading pattern overall or not, but will be playing for a bounce after the next drop in any case. 9100 would be great to clear the decks and look for longs.
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