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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, 26 February 2012

Dow 90 day cycle square with price

I mentioned the 90 day cycle from the Nov 25 low in my Ftse 250 chart but hadnt checked the price relationships for Gann symmetry.The Dow shows a possible Gann square at  1800 points plus 11200. It may be worth looking at other markets for confirmation.All this is saying is that IF we were to reverse in this time/price window there is greater validity from a Gann perspective and more likely for the turn to be significant.Usually you would expect a retracement to be a fraction of 1800 eg 450,600,900 etc,also true for time


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