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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, 19 March 2013

Ftse

Is that a kicking candles reversal ? Probably not textbook because it should be 2 marabuzos but the same principle seems to be operating to me, a long white bullish candle followed by a gap down and long black bearish candle. This was a sell signal as it occurred during a Gann cycle time window (more than one in fact,with 4 years from the low being amongst them)

http://www.thepatternsite.com/KickingBear.html




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