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.

Wednesday 10 December 2014

#dax $dax

New low and test of yesterday's as discussed earlier, in place. Now got positive divergence on the RSi, which was missing yesterday but no upward ratchet as yet. Waiting for an elegant entry for possible confirmation of flat completed or a bounce before more lows. I am sure I am not the only one eyeing up that 10240 level, but maybe that is not going to happen this time around. All, I can do is follow the intraday trend and for now that is sat looking at this low and musing on the matter.
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