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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

Sunday 31 March 2013

Dax

Effectively the major trading range is 4000 to 8000,with overthrow.I think we are topping here but we could spike higher before reversing.Safest to wait for a confirmation



pseudo Wolfe wave pattern ?

    

could we repeat another crash wave ?


We normally need a 3 pivot top before reversal starts in earnest.This could be one option,or it could be more drawn out (and volatile)



Andrea Calissano's wave count :


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1 comment:

  1. Anonymous31 March 2013 at 16:32

    Looks like we're on the same page - with the DAX anyway. ;-)

    ReplyDelete

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