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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, 2 January 2014

Dax

This was a pretty bearish candle on the Dax but bears will need to see follow through.Breaking the Dec 2 high and 10 dma are next things to look for


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2 comments:

  1. Trading Sunset2 January 2014 at 23:03

    DAX still looks fine on the monthly.

    Downside in the summer/autumn to 8000 - which would equate to sp'1625/1575.

    ReplyDelete
  2. Chartrambler2 January 2014 at 23:51

    I'm a bear but not a reckless bear (any more :-) Playing it one candle at a time . The 6 year cycle intrigues me though (see yesterdays post)

    ReplyDelete

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