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

Wednesday 30 April 2014


price is below the 10 ans 21 week ma's. Mini head and shoulder ?

Tuesday 29 April 2014




Beans. Moving above the recent high invalidates the bearish ED chart I have been posting


GDX....will it range sideways till June ? Currently trapped between 50% of the last major high and 38% of same high
surely every pension fund and long term investor in the universe should be loading up down here :-)

Monday 28 April 2014

Ftse failing in the fib retracement zone ?  Seems like a good sell setup with 3 tops on the intraday chart and the 61.8 retracement offering resistance just above



Monthly doji forming

a great FTSE chart from Korelli (see blog list)

Saturday 26 April 2014

Friday 25 April 2014


backtest and 3rd lower high ? 40 dma resistance

this setup is still alive (barely ) but needs a decent reversal candle this week ideally

Dax is weak this morning,which may abort the "4th attempt" setup I mentioned last night.A weak close might suggest we have a 3rd lower high in place.Stochastics rolling over


Double top seems to be in place


Thursday 24 April 2014


The Dax looks like it could breakout (4th attempt) Maybe it needs to tag the 2 x 2011 low level,which is just under 10000
This will screw my 5 year Gann square if it occurs so I have mixed feelings here.Candles and ma's  do look short term bullish and 4th attempts usually succeed though....


inverse head and shoulder forming ,support from Gann line and 50% retracement ?


Critical resistance here at 2.50


Tuesday 22 April 2014

More from Karen Hudes.Very encouraging if she is legitimate,but of course in the alternative media/whistleblower world one never knows for sure.Interesting stuff nonetheless



"the Heartland Institute says the scientific community is under tremendous financial and peer pressure to reach the conclusion that global industry is damaging the environment.
“Ethical standards have been lowered, peer review has been corrupted, and we can’t trust peers in our most prestigious journals anymore,” Joe Bast, President and CEO of Heartland Institute, told Fox News."

Velocity of Money

Shocking chart from the St.Louis Fed

Monday 21 April 2014



I hadn't updated this candle analysis chart for a while,here goes


short-term bullish setup,but monthly chart suggests we are in a bearish C wave ?


Looking for a reversal candle in the moving average band area ...


Sunday 20 April 2014



Ftse250 is trading beneath the 20 week moving average


1x1 Gann angle still holding

Kagi chart




"Indeed, many claim that recent wars have really been about bringing all countries into the fold of Western central banking, and that the wars against Middle Eastern countries are really about forcing them into the dollar and private central banking.
The most decorated American military man in history said that war is a racket, and noted:
Let us not forget the bankers who financed the great war. If anyone had the cream of the profits it was the bankers.
The big banks have also been laundering money for terrorists. The big bank employee who blew the whistle on the banks’ money laundering for terrorists and drug cartels says that the giant bank is still aiding terrorists, saying:
The public needs to know that money is still being funneled through HSBC to directly buy guns and bullets to kill our soldiers …. Banks financing … terrorists affects every single American."

Saturday 19 April 2014

chart by Korelli   http://korelli.typepad.com/blog/2014/04/spx-ftse-british-pound-update-18th-april-2014.html

Friday 18 April 2014


This doji or spinning top type candle would need to be the high for this ED scenario to be correct.I think



Thursday 17 April 2014

I dont know if this count makes sense but watching the rising wedge anyways


calling tops in cable is a dangerous business,watching for a decent reversal signal here


IBM has gapped down AH on results,here is the chart showing time and price resistance