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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, 29 July 2012

XLF

Last week was a bullish engulfing candle but the rally looks corrective to me,with multiple "kisses" of the broken trendline






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1 comment:

  1. Anonymous30 July 2012 at 23:31

    I like the rising wedge scenario hugging the lower side of the 1x2 into Oct.

    Very similar to what I'm showing on my Modified 360 charts.

    ReplyDelete

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