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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


Sunday, 12 May 2013

here are shorter term Dax charts.We did post a spinning top or doji type candle on Friday so it may be losing momentum at the 5/8 Murrey line but this obviously needs confirmation with weakness next week.Next week sees the 180 degree time date from the Nov 16 low so maybe that will oblige.If we can get below the previous high that opens bearish possibilities for a False break pattern,with lots of trapped bulls,but I am getting ahead of myself :-)








deviation from 200 dma seems extreme



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