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

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 24 November 2013

I dont put high store on EW counts but here is one possible bearish count,with last week's trading  giving a hanging man candle,and classic overshoot of the rising wedge,We would need to reverse pretty soon next week for this to seem valid I think.I did have Gann wheel resistance at 1812 for this last leg,so lets watch this level too. Daily chart is on buy with Fridays candle.

the Gann "death zone" count is still just about alive if we reverse this week

No comments:

Post a Comment