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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

Thursday, 30 May 2013

CAC

There is a double top on the hourly chart and we have 5 waves down from the 2nd high. We topped pretty well at 50% off the low (Sep 2011, 2694), 4041

Close to to time/price symmetry on these 2 ranges (daily chart) 4000 is the "rounded off" resistance level.  May need one more high on the daily swing chart ?

Line chart 3 drives ,expanding pattern ??


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