This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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
Wednesday, 20 August 2014
Ftse is back above both the 50 and 200 dma.Fridays bearish gravestone doji was negated with a strong white candle on Monday (bullish twin towers).The bearish scenario would be for a reversal soon (and lower high) as the 50 and 200 dma are converging and could cross