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.
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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, 20 December 2009
S&P
The S&P has been unable to break through the 50% retracement and has not advanced further following the 180 trading day cycle.There is now a triple top on the daily bar chart indicating a correction could have started.The trigger for this is most likely the sharp rally in the dollar
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