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, 4 February 2016

Dax weekly RSi looks poised but for what?

 
Right shoulder looks like a possible relief move for the RSi and if the Cloud can contain price action, the market may give us another close look at that 9300 support line in due course. However one looks at the story, it is evolving underneath that long term trend line at the moment!
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