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

Sunday, 2 August 2015

June candle was an elephant bar and took out 4 previous monthly lows (and previous 7 closes) .July did nothing except consolidate the bearish reversal
where Ftse leads others follow.......not always but frequently. Heightened commodity exposure (and hence global growth/deflation sensitivity is the main reason imho) European financials exposure is also a (secondary ?) factor
August needs to close above July high to reverse this very bearish picture imo

No comments:

Post a Comment