.

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


Friday, 28 April 2017

Ftse futs chart,arc top ?


Thursday, 27 April 2017

I posted the bear case on cocoa many times last year. We may be near a bottom


the (more) bearish option on FTSE.It may just be an ABC,or perhaps a leading diagonal (thanks to Julie at Danerics for this suggestion)


SPY

decent reversal candle, maybe double top.Gap tomorrow would be a tell


Wednesday, 26 April 2017

Saturday, 22 April 2017

US Debt

Thamks to Wile for this chart by John Gabriel


head and shoulders developing ?


Ftse compared to 2015

This is not a prediction,more something to watch and a possible suggestion of what to expect if a top is forming.The 2 year anniversary of the previous ATH is on Thursday









SPY


SPY with gaps,horizontal S/R trendlines through gaps,2 fanlines and 2 lower highs



Friday, 21 April 2017

GDX

gold stocks short term reversal pattern ?


Ftse

update of  Thursday's weekly MACD chart





Kimble chart


Thursday, 20 April 2017

Dax breaks 40 dma

The Dax had a full day's range below the 40 dma






swing chart




Kimble chart


Wednesday, 19 April 2017

Ftse

next major support 6670 ?



Sunday, 16 April 2017

http://www.safehaven.com/article/44150/secular-low-in-bond-yields-remains-in-the-future-says-hoisingtons-lacy-hunt

"The rate hikes various Fed presidents think will happen are pure Fantasyland material.
Huge equity and junk bond bubbles are in play. The Shiller 10-Year PE is 29.2. The only higher numbers were 1929 and the dot-com bubble in 2000. The bursting of these bubbles will be anything but an inflationary event.
Those looking for a steeper yield curve, might get it, but not the way they expect. When recession does hit or the stock market collapses, the Fed will be cutting rates, not raising them."

Friday, 14 April 2017

the Ftse250 chart looks very bullish which is something we should bear in mind before getting sucked too much into the current "fear" in the markets
I will admit I was quite surprised when I viewed this chart


My main conclusion is to be cautious on the downside,despite the bearish tone to markets on the close yesterday.Ftse100 has support just above 7200 and how it reacts there (assuming it is reached) will be important




and the Dax uptrend,defined by the 50 dema is still intact for now


Thursday, 13 April 2017

FTSE

Weekly MACD looks ominous







Tuesday, 11 April 2017

Lumber

Big reversal in lumber yesterday


Dax

we are 2 years from the all time high this week ,720 degrees in Gann terminology




Monday, 3 April 2017

Facebook



Ftse







weekly









sterling had a good week against the Euro,which has slipped back below the 200 dma


RIO



Sunday, 2 April 2017

GBP

this chart looks horrible


FTSE (fut)

ideally I would like to see something like this









Wednesday, 29 March 2017

Dow



looks like 5 waves down ....ie impulsive



Tuesday, 28 March 2017

Monday, 27 March 2017

Dax


 backtest of boken wedge ?


Yen strength not good for stocks,good for gold (see March 12 chart)





Thursday, 23 March 2017

a nice top on the Spring Equinox.....







Monday, 20 March 2017

Friday, 17 March 2017

Nice reversal bar...Was this the end of the wedge pattern ?


Tuesday, 14 March 2017

http://www.zerohedge.com/news/2017-03-13/banking-secret-neither-economists-nor-laypeople-know-%E2%80%A6-which-makes-fatcats-richer-wh

What banks do is to simply reclassify their accounts payable items arising from the act of lending as ‘customer deposits’, and the general public, when receiving payment in the form of a transfer of bank deposits, believes that a form of money had been paid into the bank.
***
No balance is drawn down to make a payment to the borrower.
***
The bank does not actually make any money available to the borrower: No transfer of funds from anywhere to the customer or indeed the customer’s account takes place. There is no equal reduction in the balance of another account to defray the borrower. Instead, the bank simply re-classified its liabilities, changing the ‘accounts payable’ obligation arising from the bank loan contract to another liability category called ‘customer deposits’.

While the borrower is given the impression that the bank had transferred money from its capital, reserves or other accounts to the borrower’s account (as indeed major theories of banking, the financial intermediation and fractional reserve theories, erroneously claim), in reality this is not the case. Neither the bank nor the customer deposited any money, nor were any funds from anywhere outside the bank utilised to make the deposit in the borrower’s account. Indeed, there was no depositing of any funds.
***
The bank’s liability is simply re-named a ‘bank deposit’.
highlihting some S/R levels and important t/l support



Sunday, 12 March 2017

David Larew‏ @ThinkTankCharts 47m47 minutes ago
The Dow - generally the computers short or sell at the top of a Channel. The safest trade is to trade the cross of the RSI trend line.

Dax












I still think the yen is a buy but price action over the next few days should clarify




Saturday, 11 March 2017

I found this chart at   http://tripstrading.com/2017/03/11/rounding-tops-bottoms-sp500-vs-vix/