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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
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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


Thursday 19 September 2013

Well I thought yesterday we needed a spike in markets before it could reverse,wasn't quite expecting such a move,nor such a dovish comment from the Fed.I'm running with the idea in Jeff Coopers chart posted below.

The Dax looks like an exhaustion and 8750 is a major 7/8 level in Murrey Math so probably a good level to start looking for a top to form.The candle is doji like but its still morning so that could change


measured move ?



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