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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, 7 March 2015

Dow

a while back I posted that the Dow needed to break 18000 to confirm strength elsewhere as it was lagging.18000 is an important number in Gann (as is 18,180,1800 etc0) When we got the bullish candle on Friday 2 weeks ago I said  that was the confirmation.Since then we had a 7 day rally (often a Gann exhaustion cycle) and have now gapped down below 18000 again,leaving a bearish false break pattern


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