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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


Sunday 18 October 2015

Ftse

If this bearish view is correct then we need to reverse soon at or below horizontal resistance. I am inclined to say 6400 is the big level but we could push a little  higher.....above 6500 I would have to rethink.


here is the same chart plotted for calendar days rather than trading days,the angles seem to work better



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