This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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, 4 June 2011
what next ?
the s&p futures candle chart posted previously looks immediately bearish so I think it is entirely possible markets are weak on Monday.On the other hand we have had 3 consecutive negative closes and the market is extended against the 21 dma so a bear flag consolidation below resistance is possible....?
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