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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


Thursday, 15 April 2010

QQQ's



Is this an exhaustion gap into the 100% from the low level ? 100% and 50% levels off lows are regarded as significant resistance in Gann theory) nice round numbers too (and Murrey Math fractal),and the ubiqitous rising wedge
Time counts are quite interesting.The run down was approximately 25 weeks (25 point move ,square of the range) and high to high approximately 100 weeks (4 times the square of the range).

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