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
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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
Wednesday, 26 March 2014
Coffee
Holding above the 50% is bullish although its not a confirmed low yet
Hi ChartRambler I think coffee might be doing an abc correction in EW speak. So price might go up in the interim and then tank to 150 area. And then take off again. Of course if price moves up from here past the old highs straigthaway my idea is rubbish
Hi ChartRambler
ReplyDeleteI think coffee might be doing an abc correction in EW speak. So price might go up in the interim and then tank to 150 area. And then take off again. Of course if price moves up from here past the old highs straigthaway my idea is rubbish
Hi Olu Thanks .I was thinking maybe drift down to the 50% line and next angle,maybe take 5-6 days to do it then rally.Watching 45 days
Deletehttp://a.disquscdn.com/uploads/mediaembed/images/915/5513/original.jpg?w=800&h
ReplyDeletebear flag ?