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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
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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


Sunday, 6 January 2013

Gann "Death Zone" ?

I have just noticed that the move from June low is 7 months and the move from Nov low is 7 weeks ie nested Gann Death zone cycles such as were seen at the Gold high in summer 2010 and posted here at the time.

Cycles are cycles but mean nothing without pattern confirmation

Here it is illustrated by the Dax but obviously applies to Spx and most other indices


Another resistance zone is 7864 which is 1/3 from the 5913 low
7816 is 1/8 from the 6948 low





The 2nd chart hypothesises that the 5913 low was a 33.3% retracement of the final range and divisions of 9 are applied

Ron Paul "The Welfare-Warfare State" - enabled by the Fed's debt monetisation

http://www.safehaven.com/article/28283/ron-paul-on-military-spending-the-fiscal-cliff-bipartisan-politics-hypocrite-republicans?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+safehaven%2Fall-articles+%28Safehaven+-+Most+Recent+Articles%29
http://thecompletecoveragereport.blogspot.co.uk/2013/01/the-inflection-point-of-2013.html

Saturday, 5 January 2013

RUT 50% from the low ?


also interesting that if you take the 2009 low, 342.6, and mutiply by 2.618 you get 897 so its a decent cluster of resistance at a natural Gann level (900)

Spx Gann lines/channels



http://www.rollingstone.com/politics/news/secret-and-lies-of-the-bailout-20130104#ixzz2H7NthPmh

Link found in Jesse's Cafe Americain

TLT

This chart is from PolishGenius   http://www.tradingdevices.com/




so is this