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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


Friday, 12 August 2011

S&P daily swing

still waiting for LH confirmation




the 2 day swing chart has not turned back up yet (requires 2 higher lows on the daily bar chart to trigger)
we have basically matched the 2nd largest swing from the last 4 years.This is a much larger swing than any previous corrections and is an overbalance of price,one of Gann's trend change indicators



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