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.

Thursday 11 December 2014

#dax $dax

I have added in a directional overlay (the arrows in the circle) to keep the counts organised in a slightly more objective way. They are currently holding on the hourly chart in the downward stance and as such, I am counting price as in the 'b' of 'c' downhill. If price can make it below today's open of 9772, I am looking for 9600 at the 100% extension.
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