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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, 6 October 2012

Dax

This is the Dax future.We had a 6 day selloff from resistance and a 4 day rally,finding support on the 2x1 so far.Friday's candle looks like a spinning top.My guess is we completed a b wave and could see a c wave down next


On this chart there is a potential 3 "spikes" but no serious weakness yet.Bears need to break the channel support line,the previous peak support level ,and the 25 dma





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