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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

Monday, 5 November 2012

China forming a base here ?


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4 comments:

  1. PB5 November 2012 at 16:51

    I believe that you are correct sir!!!!!....and the longer it takes to form the more bullish it will be long term.

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  2. MP6 November 2012 at 04:42

    So based on my Gann square of 90. I took the peak of 2007 to the low of 2009 to get the price square then projected that square from the start of the 2009 uptrend. What I get is a "time" 90 degrees next month (Dec). Price would not be equal of course but with the move down from 2007 peak.. this time frame would equal the price movement.

    ReplyDelete
  3. MP6 November 2012 at 04:43

    BTW that analysis is based on the SPX monthly.

    ReplyDelete
  4. Chartrambler7 November 2012 at 11:36

    Thanks MP I will check that out

    ReplyDelete

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