.

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
.


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


Sunday 2 December 2012

Spx Geometric 360


My thinking here is that we are against angle resistance and the midpoint of the last 1/8 division of the square (1440-1395) ie 1417.5 .Minor 1/8 up (1423.125) should hold if this is to turn price else 1440 would be on the cards.So,ideally a reversal from 1417-1423 on the 6 month time cycle around Dec 4
I would also watch the 50 dma which is at 1421.6







No comments:

Post a Comment