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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, 23 September 2010

Autumnal Equinox

Good chart from Kimble Charting Solutions showing how many times markets turn on Gann's "natural time markers" the equinox and solstice dates.I have tried to show in earlier charts some of the other cycles that are kicking in around now,the Autumnal equinox,such as the square of the range on the S&P and the 21 week (fibonacci ) count from the high.Pattern reversals,such as the evening star reversal on the S&P that was confirmed today,have greater significance when they occur on cycle dates.
More strength in the Vix is also suggesting this reversal could develop into something significant.

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