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

Saturday 17 May 2014

NY Cocoa

critical time coming up for the bear case.The 21.34 dema's tend to be good trend indicators and we need a lower high for a downtrend to be in effect (breaking a trendline alone is not sufficient) so a lower high that respects the ema's would be trend change confirmation,otherwise we may just be seeing a rising market at a lower rate of change

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