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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

Friday, 5 August 2011

SPY

some matching ranges...trend has changed to down based on the channel break,LH and LL.Next should be a rally that makes a LH .The DB should be resistance.200 and 50 dma can also be monitored for trend indication.Deviation from 50dma (which is trending down) is extreme.


 




 
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