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

Monday, 22 June 2015

Dax - 2 hour candles -now has a HL (above the double bottom at Gann's 10800 level),we have bust the declining wedge and are above the 50,100,200 MAs
for Europe 2 very important levels I have if we continue rallying are 12500 Dax and 12000 Ibex

The sharply rising 200 dma was a warning not to get too bearish yet (contrast with flat 200 ma on the Ftse on previous post) At the weekend I was looking at this chart,thinking we might have a false break down below 10800 but this mornings action likely takes that off the table

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