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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 16 June 2012

Dow weekly Gann lines




3 comments:

  1. This might not be a "major" bottom. I've got it as a possible continuation bottom that comes mid-cycle (using a 15 month cycle anchored off the 2009 low).

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  2. well I'm of the opinion its a retracement so looking for corroborative evidence :-)

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  3. A retracement (of the move up from last October's low) works well with a mid-cycle low, continuation bottom. Perhaps we're on the same page?

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