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, 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

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