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

Sunday, 23 July 2017



clear reversal bar on daily,following break of upper BB line


Saturday, 22 July 2017


the 618 retracement did its job....LH now in place

Sunday, 16 July 2017


The Dax needs to form a lower high below 12700


it was disappointing for bears that the last 2 weeks saw no follow through,but there is a decent tail on last week's candle so we could see weakness next week. 7440 is the critical level

gold needs to do a lot of work next week to turn this bearish  weekly candle chart round.

Dow Jones Industrials

the Dow spent months trying to break 18000.On Friday it finally hit 21600,which is the next Gann level higher on the square of 360 (think 1800 + 360 =2160,or 5 x 360 to 6 x 360)
216 is also 1.5 x 144

Now we need to await confirmation that Fridays bar was an exhaustion (which,of course is by no means assured,merely a hypothesis) At the end of Feb there was an exhaustion bar followed by an inside bar and the signal would have been to short the break down below the IB low

arrows on the chart mark reversal bars

Saturday, 15 July 2017

thanks to Rider Bobo for this

Voters who live in the heartland and outside the New York-D.C. media bubbles do not care about the legacy media’s obsession with Russia.
An Iowa radio news director emailed CNN media reporter Brian Stelter, out of all people, on Thursday to tell him that conservatives in his state are “very angry” at the legacy press because they think the media are using Russia stories to “oust” and delegitimize President Donald Trump.
“They think the Trump/Russia deal is a coup attempt by the media, and don’t think there is anything to the Russia/ Trump, Jr. emails,” Robert Leonard, the news director, emailed. “They don’t understand why the media is trying to oust our duly elected president. They think there is a double standard — why isn’t anyone investigating the Clinton campaign/Russia connections? They are standing firm behind Trump.”
According to a recent Harvard-Harris poll, nearly two-thirds of Americans believe that “there exists a campaign to delegitimize” Trump.
Reporters who have gone to working-class areas in states like Pennsylvania (“Trump’s Supporters Aren’t Abandoning Him in This Pennsylvania Town”), Ohio, Wisconsin, Michigan, Kentucky and even Tennessee (“In Trump Country, Russia Scandal Doesn’t Resonate”) have all reported similar sentiments.
CNN, though, keeps focusing on Russia even though one of its anchors, Alisyn Camerota, said on Friday that she was actually experiencing Russia “fatigue.”
A Media Research Center study found, for instance, that Camerota’s CNN morning show New Day spent a whopping 93% of its airtime on Wednesday on Trump-Russia stories.

SPY ending diagonal pattern complete ?

final exhaustion ? I will be watching for  reversal signal this week

Friday saw a pop out of the upper bollinger band

Thursday, 13 July 2017


the market ran through 7400 and took out (I suspect) a load of stops....watching this possible rising wedge 5 wave structure for one final push

Monday, 10 July 2017


Doji candle on the quarterly chart

1 year low to high


Saturday, 8 July 2017

is the Dow set to follow Nasdaq's and Dax reversals ?


Wednesday, 5 July 2017



Ftse 250

Saturday, 1 July 2017

S&P topping ?

This is an update of the 30 min S&P chart from Ron Walker's public list,posted last week,with my annotations

link to Ron's list    http://stockcharts.com/public/1092905

another chart from Ron


possible count

Monday, 26 June 2017


5 tops within a 13 point range. A break of the 200 perios ma and the Ichimoku cloud line might trigger the long awaited sell-off
(original chart by Ron Walker)

This is an excellent post by Marc Horn ,explaining how the "system" works and how money creation by the banks is central to the power structure. Please copy and retweet if you find it useful


Sunday, 25 June 2017


Holding above the 50% Midpoint,also holding above 72 (2x36 low)

Saturday, 24 June 2017

Wednesday, 21 June 2017


it looks like cocoa wanted to fill those gaps after all :-) I have not given up on the idea of a developing bottom and this is one possibility. Mirror Image Foldback is a Michael Jenkins pattern

Tuesday, 20 June 2017

the Dax tagged 12960 this morning pre-open. As mentioned before  this is an interesting  number because 1296 is the square of 36 and the 2009 low was 3600,which is 60 squared .That it should be tagged on one of Gann's seasonal turning points ie the summer solstice is also interesting

Monday, 19 June 2017

Sunday, 18 June 2017


Dax monthly chart


Cocoa....a confirmed 3rd HL is a fast move set up. The 3rd HL is not confirmed yet (Fridays candle was bearish
but within a presumed bull flag.A low around the summer solstice would be neat

Thursday, 15 June 2017


failed today 40 points below 12960
1296 is the the square of 36 or the cube of 6
the 2009 bottom was 3590
3600 is the square of 60
12960 is 3.6 x 3600
I am not a numerologist but I believe 12960 to be an extremely important level for the Dax

Gann's rule (in my understanding) is that a 4th attempt at a level will nearly always succeed but if it doesnt its bearish. (..or vv for a triple bottom)

Monday, 12 June 2017

Wednesday, 7 June 2017

watching the possible double top on the Dax

Thursday, 1 June 2017


yesterday was a gravestone doji reversal candle

Friday, 26 May 2017

Monday, 22 May 2017


green lines show a 6 months up,6 months down cycle.I am watching for a possible reversal

If the Euro continues to strengthen this will be bad for exports

Ibex :-

Thursday, 18 May 2017

Wednesday, 17 May 2017