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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, 20 January 2012

DAX


Am no expert on Murrey Math but love the way 2 major MM levels define the range.We could be looking at a double top that has just managed to poke above the mid-point,also a MM level.Between 6250 and 7500 the minor levels are 1/8...I have drawn the first one ,6406 but next would be 6562 etc Note also 6406 is close to 6400,  the square of 80.Do square numbers have any relevance ? Check out 3600 and 8100...
The lines are Gann angles based on 10 points per day with spaces for holidays and weekends (calendar time)
My conclusion is we we could be done here with a double top or there could be a little push higher toward the declining angle.Six months from the LH in July comes in next week and  is an important time cycle.George Lindsay turn date on 23rd,(also 4 months from Sep23 low),New Moon on Monday...bears had better step up !!

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