This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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, 18 November 2015
these trendlines are drawn slightly differently to yesterday's chart but the surmise is the same,that we are testing the neckline of a topping pattern (S&P 2 hour chart)
evidently the market was too strong for the resistance :-)
ReplyDeleteas a bear I would like to see the 2 hr chart below the 200 period ma again