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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, 26 December 2012

Ftse 393 pt ranges 144 days




We may be looking at a square of 144 trading days (12 squared) and 784 points (28 squared)


The measured move target is 6003 but resistance stretches from 50% of the 702 point range to 61.8% of that range. ie 5956  - 6038.The first time range is 73 days,which balances out 146 days from the low so clearly we are looking at 144 day cycle,divided into 2.




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