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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

Saturday, 13 October 2012

Ron Walker's 60 minute charts show a potential bullish declining wedge which needs to be watched early next week as it could lead to a relief rally




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2 comments:

  1. Anonymous13 October 2012 at 23:18

    Glenn Neely sees the entire pattern above (since early Sept.) as an expanding triangle that will create a great opportunity to get LONG in the next couple of days for at least, a retest of the previous highs and quite possibly a move into the 1500's.

    ReplyDelete
  2. Chartrambler14 October 2012 at 00:03

    Darah seems to agree http://thecompletecoveragereport.blogspot.co.uk/2012/10/locating-year-end-rally.html

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