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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


Saturday, 27 September 2014

SPY

Interesting that on the SPY 3 times the low pretty well nailed the high. The green line is now resistance
(Wednesday was an outside day so some would argue its doesnt count on a swing chart.Nevertheless I  would count it and would counter that on a 4 hr swing chart it would clearly show up as a range) In addition Wednesday's high was a failed attempt to regain resistance from the green line hi/lo resistance line)



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