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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


Tuesday 4 December 2012

Dow

DT and 3rd LH, ma convergence.....fast move setup


5 comments:

  1. I agree. It's a "fast move setup" either way. I think the odds are in favor of it being down. Here's another perspective using the NDX.

    http://mediacdn.disqus.com/uploads/mediaembed/images/394/7644/original.jpg

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  2. I get the same result inverting the S&P. Does this look bullish? Yes, in my view it does. Which means the S&P doesn't.
    SPX Daily - Inverted

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  3. This is staggeringly brilliant: perhaps an epic set-up

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  4. Thks its actually a very simple setup....acceleration off 3rd lower high or higher low but one of my faves and stopout point is close

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