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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

Saturday, 14 August 2010

Trendfinder

The trend on the S&P turned negative with the dead cross of the 21,34 and 55 dema's in May and now has pattern confirmation from the double top.The moving averages look poised to give a confirmation sell signal.

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2 comments:

  1. Anonymous14 August 2010 at 18:59

    CR,excellent clear and to the point charts .
    Thx Ed (my2)

    ReplyDelete
  2. Chartrambler15 August 2010 at 11:20

    Thks Ed,appreciate the feedback

    ReplyDelete

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