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
well jumping the gun a bit - the market could squeeze higher into the 12900-13000 zone I highlighted earlier but if the rally ended after 8 months the simplest approach would be to look at time retracements of 240 cd ie 90 cd,120 cd,150 cd etc and see if any of these cluster with other cycle dates
How many down months will follow?
ReplyDeletewell jumping the gun a bit - the market could squeeze higher into the 12900-13000 zone I highlighted earlier but if the rally ended after 8 months the simplest approach would be to look at time retracements of 240 cd ie 90 cd,120 cd,150 cd etc and see if any of these cluster with other cycle dates
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