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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 3 December 2014

#dax $dax

Still no depth to any pull back. Whilst the lack of follow through is making me nervous, the 30min chart seems to be building a couple of exit routes from this ambiguity. I think you have got to back upside break outs, but I'd prefer to buy break downs!

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