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
Friday, 2 March 2018
we now have a confirmed lower high on the US indices. Gann said the first lower high was the safest place to sell (with a stop just above it)
The Dow setup was the failure at the 70.7% harmonic retracement combined with negative macd divergence
(this is a 4h chart I posted live at Danerics.The 40 sma break was the trigger)