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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


Sunday, 25 September 2011

Dax

could be forming a double bottom at support (fib retrace 0.618 and Gann 33% from high) - Positive divergence on macd

I am inclined to simplify the approach to the Dax with reference to the major Murrey Math levels 7500 (top) and 5000 (potential bottom) If we start forming highs below5000,for instance,watch out...HL's above 5000 would be positive



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