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 October 2016

Ftse250 - spike top ?


a possible scenario I am looking at.If it breaks back above the green line bears should be careful as it could be a false break and run to take out all the stops

the Dow is vulnerable while it remains below the purple horizontal

3 charts from David Larew (see his excellent chartlist at Stockcharts.com)


this chart is by Simon Kloot,( @TraderSimon ) ,annotations in red are mine