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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

Monday, 16 March 2015

Dax

watch for a break of 12000 and sharp reversal

7624 + 4500 = 12124
8350 + 3600 =  11950

111 squared =12100










Posted by at

4 comments:

  1. Airyk16 March 2015 at 17:49

    Can you imagine if as you question on your second chart, if this really was wave 3 of 5? Holy crap! What would have to happen to the Euro for that thing to go into hyper-space drive like that. Sheesh.

    ReplyDelete
  2. Souljester19 March 2015 at 15:31

    Here is what I have. I have been following the Sept. 18, 2014 analog. Yesterday still fits it. I have the breakout line that I will flip on. I do not know the future here.

    Indicators have started to confirm (some key ones from the middle of the chart rather than the lower sweet position to guess long from). I remain bearish below the blue line.

    http://i1383.photobucket.com/albums/ah317/souljester618/SPY_CHART_zpsgvq96xjf.png

    Ruck.

    ReplyDelete
  3. Chartrambler19 March 2015 at 20:50

    Thanks SJ

    ReplyDelete
    Replies
    1. Chartrambler19 March 2015 at 21:43

      worth remembering we are 6 months from the sept top

      Delete

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