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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, 12 January 2014

Dax

Andrea Calissano's EW count for the Dax.

http://www.thewavetrading.com/2014/01/09/dax-index-update-of-the-long-term-ewp-2/?utm_source=rss&utm_medium=rss&utm_campaign=dax-index-update-of-the-long-term-ewp-2

This would suggest my 1200 point decline is too aggressive and that we have a shallower pullback then a final w5
On the Murrey Math chart 10 000 does stand out  so that is something to bear in mind




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