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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

Thursday 13 September 2012

Dax

The Dax posted an inverted hammer candle in the reversal area highlighted in the chart posted at the weekend,7300-7400.  http://chartramblings.blogspot.co.uk/2012/09/dax-weekly.html

  I have marked in 2 resistance levels,50% up from the 4962 low and 25% from 5913.Tomorrow is the 7th bar on this run and 72 td from the low (square of 144),so be alert for a reversal





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