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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

Thursday, 5 March 2015

Ftse

Gann and EW combine to suggest a possible top here
6920 (2 x low) Gann
Tomorrow is 6 years from the low (Gann)
5 waves down,3 waves up (elliott)




Posted by at

4 comments:

  1. MP6 March 2015 at 03:13

    The pattern from 4 to 5th wave looks like a 3 wave pattern and could also be a b-wave with a 3 wave move up for a c-wave (B) Therefore your 3rd wave would be an A-wave. Impulsive move down for a C-wave possible scenario..

    ReplyDelete
  2. Chartrambler6 March 2015 at 09:38

    if in doubt its always WXY....lol

    Thanks MP

    ReplyDelete
  3. MP6 March 2015 at 20:23

    Gann Wrote: Master 144 Sq. containts 324 Sq. inch and each Sq. inch containts 64 Units which gives 20,736. 1/256th = 81 days...or Sq of 9.

    From July 7 1932 bottom.. 20,736 days = Oct 31 2014. Add 81 days to it is Mar 2, 2015 (Current Top).

    ReplyDelete
  4. MP6 March 2015 at 20:25

    Sorry Secondary Lower High... I meant to say to the day.

    ReplyDelete

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