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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

Wednesday 11 May 2011

swing chart

as mentioned yesterday a simple mechanical Gann-based trend-following system would have you long on the higher swing chart low at 1329.Given the importance of 1333.5 I would suggest a stop and reverse could be implemented if we close below 1329

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