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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

Thursday, 23 January 2014

S&P

It has been a weak start to the year and today was a weak day,taking out the previous 5 lows.Bears need to take out the triple top (old resistance now support) and break the 34 dma. A close below 1812 would likely bring in more sellers


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2 comments:

  1. Anonymous24 January 2014 at 06:15

    CR, you just thrilled my ol' bones with this chart!
    If 1814 is lost (in cash) next stop is 1775 (next week on Tuesday/Wednesday).
    Aunt Annie

    ReplyDelete
  2. Chartrambler24 January 2014 at 10:55

    Glad to be of service Auntie :-)

    ReplyDelete

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