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
Wednesday, 8 February 2012
Eurostoxx - 5th wave done ?
I dont know if this wave count is right but could be looking at a finished 5.It will be interesting to see if the candle remains an inverted hammer by the close.On the longer term chart the setup is a double top at 2500,with a likely 5th wave to new lows to come.
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