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

Saturday 16 January 2016


if we reverse here watch for another ABC pattern

576 is 4 times 144


  1. Hi thanks for sharing your charts.My count suggest further pressure for FTSE.
    Your thoughts?

  2. well there was no reversal candle yet and this is a strong downtrend so you may well be correct....I do think the declining wedge pattern in the Dax suggests stronger evidence of some kind of bounce...I guess we will have to see how it develops.Thanks for your comment