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
Tuesday, 1 October 2013
Im still leaning to the idea that markets rally soon for one final leg,but FTSE is again looking weak. If we lose the 20 dma with a nasty candle it raises the chances of a washout
My observations of the past few weeks and its extreme divergent weekly stochastics.
ReplyDeletehttp://tfaat.blogspot.ca/2013/10/monthly-overbought-exit.html