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 14 June 2014

Ftse250- Top could be in

I believe we have probably seen the top in Ftse250

a "double 3" pattern ie 2 three pivot tops so potential for a fast move down


  1. Long Term Count: http://i1283.photobucket.com/albums/a545/EliotRosewater/LONG_TERM_COUNT_zpse65d47f2.png

    Watch for Monthly Breakdown: http://i1283.photobucket.com/albums/a545/EliotRosewater/MONTHLY_CHART_BREAKDOWN_zpse3ce2ebb.png

    Tech is in the Wheelhouse: http://i1283.photobucket.com/albums/a545/EliotRosewater/TECH_zps5185bde1.png

    Goodman Compensation Calculation (Tech Chart): http://i1283.photobucket.com/albums/a545/EliotRosewater/GOODMAN_Target_zps140c8761.png

    -Eliot Rosewater

  2. AUDUSD is breaking out: http://i1283.photobucket.com/albums/a545/EliotRosewater/DOLLAR_COLLAPSE_zps56d38544.png

    Dollar Midterm Election Cycle Supports:

    -Eliot Rosewater

  3. Maybe the Flemish Will Help: http://i1283.photobucket.com/albums/a545/EliotRosewater/EUROPE_ASSIST_zpse77e6169.png

    -Eliot Rosewater

  4. YEN.

    Daily is bearish below the downsloping green line: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_zps7c24e4da.png

    Weekly is bearish: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_001_zps7e262c66.png

    Monthly is teetering on the edge: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_002_zpsa5aa3fae.png

  5. Rather than post reasons (like 161.8 FTSE off 2009 low), here is the best and tightest actionable chart I have found if it has any value:

    Bulls are safe above OEX 804.74.

    When that falls, it is the long term short entry (and watch for lines to break in the washout for corroboration).

    Chart: http://i1283.photobucket.com/albums/a545/EliotRosewater/WILL_IT_FAIL__zpsab563c44.png

    Hi Wile! CR stop posting at the toxic cess pool!

    -Eliot Rosewater (aka SJ).