This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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
Wednesday, 31 October 2012
SPX
We tested and rejected 1420 resistance today and look to be consolidating before a move lower
I really like this analysis putting the snapback to the neckline in longer term perspective. Short and sweet and to the point.
ReplyDeletehttp://peterlbrandt.com/reversal-day-would-spell-doom-for-sp-500/