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
Friday, 31 January 2014
The weekly candle is irredeemable now I guess,I suspect a move down to 50% of the range but worth watching the 200 dma (not shown)
edit I changed the initial PF placement on the original chart (thanks to Lunasyko)
Wile still calling cycle degree wave b top.
ReplyDeletehttp://3.bp.blogspot.com/-0wEn7FpCjts/UuIDP_MuKeI/AAAAAAAAAXM/721Ptg53f44/s1600/Elliott_Wave_Count_Dow_Monthly_1-23-14.png
Another Dr Jim Willie discussion on Gold and more.
ReplyDeletehttp://www.youtube.com/watch?v=K5Om7PC8LQY