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
Sunday, 13 October 2013
Cocoa
If the move from the March low was was an ABC correction we could be done here. At 2752 C= 1.5 x A. The 5/8 Murrey Math line is 2753.
C= 1.68 x A at 2781
We dont have a reversal signal yet and monthly candles are bullish
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ReplyDeletehe seems to have gone a bit loco,for sure.I call it Wagsitis :-)
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