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 8 July 2015

Dax 8th July 2015


 
 

Time for a little relief? Clouds on Daily chart on left and 4hr chart on right suggest that approx. 11200 might be a good place to consider selling again...until then, might look for a lift up, given suspenders working into bolly band lows on daily and positive divergence into the prior low.

Sunday 5 July 2015

Dax Review 5th July 2015

Not a lot to add to my last counts; hardly had to move the legends. Looking for move down to breakout zone from combination bollingers near 10,000. Economic and political woes not seemingly having any impact on the overall counts. Check back in posts to see how bullish move after this drop should usher in a new high before a larger degree wave 4.