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, 18 December 2014

#dax $dax

Nice surprise this morning. Have dropped my cover and added to shorts at the 61.8% approach. Even a 3 wave pull back here would be worth a try, even if trend has moved back uphill. The hourly stochs have a whole cycle to unravel at some point and from somewhere around here would make sense. Would obviously prefer a new low!
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