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

Friday, 24 October 2014


looks like 5 was a matching wave with 1. My guess is that  this whole wave from 1820 is a B wave,with C down to start soon

Broadening Top ? Thanks to Uempel,a poster at Daneric's for the chart


Thursday, 23 October 2014

Donchian channel and 200 ma on 60 min chart (Ron Walker)

ABC and D with E to come to complete triangle ?

Wednesday, 22 October 2014

The Gann angles on this chart are trading days (the one in the previous post is calendar days)

Tomorrow is 90 degrees from the July 19 high.Its also a solar eclipse.I marked in with circles where time and price coincide against the lower 2x1 angle  (approx 1952 )

chart below from Ron Walker. (Red neckline is mine) The 200 ma on  the 60 min chart is at  1952

Bears need to see a decent reversal candle soon....a shooting star or evening star or such like
We reached fibonacci resistance around 1943. Im also watching 1964 (144 points) and 1971,an 8.33% move off the low

also watching the 2x1 on the chart below (which is at 1943 today)