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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

Wednesday, 28 January 2015



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5 comments:

  1. Anonymous28 January 2015 at 18:27

    I can't help but believe this stock market is leveraged to oil. live chart http://www.cx-portal.com/wti/oil_en.html nitram

    ReplyDelete
  2. Trading Sunset31 January 2015 at 03:49

    Hey CR, that outlook now looks quite likely.

    The more interesting issue is .... what happens from 1900 though?

    A mere bounce to put in a lower high 2000/2050... or.... new highs into the spring?

    Have a good weekend

    ReplyDelete
  3. Chartrambler31 January 2015 at 10:45

    Hi PD.....something like this maybe ?
    http://a.disquscdn.com/uploads/mediaembed/images/1681/884/original.jpg

    ReplyDelete
  4. Trading Sunset31 January 2015 at 16:35

    Well, if the 1850/25 zone is hit in Feb, then a giant H/S.... indeed

    Target downside for late spring would be the 1650/1575 zone...which would be pretty shocking.

    Hell, that'd even offer a hit of the lower monthly bollinger... which would be suggestive that we've seen the end of the wave from 2009.

    So... lets see how this wave goes.

    *I will note.... unlike October - a clear bear failure... the bears have achieved a bearish monthly closing.

    So.. from a pure technical perspective.. the situation IS different, and finally, after THREE years... momentum is actually swinging to the bears.
    -

    Right now, a primary concern is the looming ECB QE-pomo program. Bears have a window... they need to whack this nonsense at least to 1920/00 within 2 weeks.

    ReplyDelete

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