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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, 20 April 2013

SPX

It looks like a significant top is in but it is possible some "right shoulder churning" develops before the next drop.1440-60 looks like an obvious target level



The Gann angle sell signal on SPX (this is set to calendar time ie includes spaces for weekends,hols)
Gann wheel target is 1441 (360*) which is 1 pt above 1440 the 61.8% retrace

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