This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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
Thursday, 3 May 2012
FTSE Weekly
Cross of 20 and 50 dma's,price below 50. Bear cross on Macd.Last week's candle bearish hanging man/doji
4 successive lower lows before this rally,suggests trend is now down
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