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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


Saturday 28 March 2015

DBA

DBA (soft commodities/agriculture index) - I posted a chart a week or two back,showing half the high support at 21.75
I had a closer look at the chart which emphasises possible support coming in from Gann's square of 144,both in price and time
The 2008 high was 43.5,in February...........43.2 is 3 x 14.4 and it may be a 7 year down cycle





1 comment:

  1. the square in the first chart is drawn incorrectly (its only 11 mnths)
    I will redraw and post,sorry

    ReplyDelete