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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, 3 March 2011

S&P lower high at resistance

Twice the low is a MAJOR Gann resistance level and having a lower high tagging this level is a sell signal with a stop above the high.We had a similar setup on the ftse250 recently,which failed.

 



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