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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, 23 March 2012

FTSE

FTSE broke the 10x1 line (coloured red) so is in a weak position now.We met a measured move target (wavers would say A=C) and got a false break (or Pinocchio) pattern which is effectively a double top.The Gann 90 day/ 900 point square also seems to have been effective.Lets see if the bear angles start to define a new downtrend.


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