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

Thursday 2 November 2017


today's move produced a very strong daily candle and on the monthly chart it appears to be breaking out of a bullish pennant. Obviously the weakness of sterling is having a positive effect on the market and maybe it feels that was the last rate hike for some time ?
The market needs to close below 7521 (mid-point of today's candle body) to throw the bullish case into doubt

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