.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
.


The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Tuesday 20 September 2011

Dow

The white square represents a 1 year uptrend cycle that ended with a lower high .Just as we can work out price retracements we can do the same with time,whether using Gann fractions (1/4,1/3,1/2 etc or Fibonacci 0.382, .0.5 ,618 % etc  3 months seems like an obvious juncture and would call for a low in the first week of October,so a 3 week decline from around here

 

No comments:

Post a Comment