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
Monday, 27 January 2014
Cocoa
we pierced the upper bollinger band so I would expect a reversal here.I put some Gann wheel support levels in
Looks like it just broke above the previous highs. Could be a false break out but the volume was there
ReplyDeleteOuch - yes thats a pretty bullish looking candle.London contract has to break 1800
ReplyDelete