This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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
Tuesday, 19 January 2016
Two 4 hr charts....a bull flag in gold and a bear flag in the Dax ? I'm still wary of a sharp reversal in the stock indices but not really feeling it yet....meanwhile that lower BB line seems like possible support
again 1080 stands out as important support
closing back above the lower horizontal line in the Dax would be bullish