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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, 30 September 2012

NY coffee

The daily chart looks like a triangle and triangles are not normally the end of the move,which suggests more downside (ED's excepted)
However the weekly chart bears watching with regards to the Gann harmonics at 72 weeks,144 points.The square of 144 was used to succesfully call the high last year
The high was 309 so 154.5 is important support








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