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
Saturday, 2 April 2011
The low I was anticipating at eom based on the Gann cycles (red circles) now seems likely to be a high in which case we could be looking at a double top.It may only be a short-term high but worth monitoring esp given the multiple resistance at 12400 and above.Also note we are 180 weeks from the high and 1800 points from the high is 12398 (price/time square)
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