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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, 3 August 2012

SPX


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1 comment:

  1. Anonymous5 August 2012 at 16:15

    I think you've got the definitive levels there with those neckline extensions, and that they'll mark a clear breakout level or definitive IT overhead resistance.

    I should add your chart to my latest update since it adds to the bearish argument (which I said was lacking and in need of more supporting evidence). Better yet, if you would like to post it as a comment, please feel free. http://www.highrevsopenhouse.blogspot.com/2012/08/august-encore.html

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