This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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
I wonder if Carney has started hedging his salary yet ?
Darkest Knight's wave count
Saturday, 28 September 2013
just goofin around. IF we ran up 666 points from 1075 in 720 degs time
we could decline 54 degs to square the range in a Nov low, which would
also balance the yearly cycle (Nov -May-Nov )
666 points would also be very close to 161.8 times 1075 and ( 2.618 times 666)
key support for gold at1309 (50% retracement for major range,Gann angle
intersection and 1 year cycle from the high . This works both ways ie
suggests buy but sell signal if it breaks
just looking at the Dax and
something to watch could be the 54 months/5400 points off the low (3600
March 2009) Squareout to 9000. There is also a minor squareout off the
7200 high to 9000 ,1800 points in 18 months.
The 2012 low was 5913 so 50% up is resistance at 8869
Measured move for the 2 big ranges kicks in at 8997
hourly chart with 50,200 ma from on Walker. Will we get another cross ?
and Ichimoku from Ron
Godfrey Bloom,clearly not "politically correct" (in the light of recent remarks)but this was a great interview that cuts right to the heart of so many things