.

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


Thursday, 31 December 2015

SPY false break


my read is that the 5 wave pattern identified in the lower chart from 2 days ago is correct and we made a lower daily low today.....caution should always be applied to holiday trading,thin volumes,exaggerated volatilty etc








http://www.washingtonsblog.com/2015/12/2015-first-pre-election-year-end-red-since-great-depression.html


the support/resistance levels I think are important for the next move in gold






a chart from trader Moe "looking for the right shoulder"




Crude

a brief look at the 2 hr candle chart shows a potential bottoming above the natural Gann support level of 36 and the 75 pma possibly starting to turn back up.I need to do more work on the longer term charts but worth keeping an eye on


Monday, 28 December 2015

http://mrtopstep.com/complete-failure-of-abenomics-retail-sales-decline-factory-output-contracts-businesses-reject-abes-plea-to-hike-wages-fine-tuning-a-la-willem-buiter/
http://www.armstrongeconomics.com/archives/41005

"David Cameron is perhaps the WORST Conservative in British History. He is doing everything possible to remain in league with Brussels. Cameron’s comment after rigging the Scottish vote to ensure Scotland could not leave the UK was shocking. He said the vote settled the question for “for a generation” revealing his pro-government posture and anti-Democratic undertone. This posture goes all the way to agree with Brussels, and Cameron’s arrogance (video of his speech) was just stunning. His promise for a referendum to leave the EU was a bullshit ploy he never expected would actually stand a chance to win."





"We will see Britain facing a tremendous political upheaval as we approach 2017. We have warned that a year-end closing for the pound below 147 will warn the currency is preparing to crash. We have additional year-end sell signals at 146.15 and 140.50. The ONLY POSSIBLE HOPE TO SAVE BRITAIN will be Nigel Farage. Both Labour and Conservatives have simply lost their minds."   Martin Armstrong




http://wolfstreet.com/2015/12/27/i-was-asked-whatever-happened-to-inflation-after-all-this-money-printing/

"The Fed keeps a hawk’s eye on wages, especially in the lower 80% of the workers. Its goal is to provide cheap labor to corporate America. And when wage inflation ticks up, the Fed can get quite radical about rate increases.
But because cheap labor makes for bad consumers, the Fed is trying to make cheap debt available to them, turning them into debt slaves, problem solved, for the moment.
So this is one lesson we learned: QE channeled to financial and corporate entities causes asset price inflation, not consumer price inflation. And it tends to exacerbate wage deflation at the lower 80% of households.
One of the exceptions is rent. When residential property prices soar, rents tend to follow. And rents have increased sharply in many cities. But unlike stocks, people have to live in these units, and when rents move beyond their reach, all kinds of things happen, including property price crashes."
http://traderfeed.blogspot.co.uk/2015/12/trading-with-creativity-finding.html

"One trader thinks about the stock market for 2015, pulls up a chart of the ES futures or SPY ETF, and declares the environment as hopelessly "choppy", with no good trends to trade.  Another trader breaks the market into sectors per the FinViz graphic below
and sees a rotational environment during 2015, with plenty of trends when one sector is traded against another.  "


chart and script by Chris Vermeulen from blog "The Gold and Oil Guy"


Sunday, 27 December 2015

Dax

If this is correct early 2016 should see a  vicious C wave down








Saturday, 26 December 2015

SPY

a doji formed on Wednesday at the 200 dma.There is a possible 3rd LH but also a bullish island reversal.For short term traders,bullish whilst above the ma's,bearish below










http://www.washingtonsblog.com/2015/12/dont-change-way-money-created-distributed-change-nothing.html

"In the current system, money is created by central and private banks at the top of the wealth/power pyramid, and distributed within the top of the wealth pyramid. The only possible output of this system is rising wealth inequality and debt-serfdom for three reasons:

1. Those with first access to nearly free money can outbid savers and serfs who must borrow at much higher rates of interest to snap up income-producing assets. In effect, borrowing unlimited sums at near-zero rates guarantees that those with this privilege have a built-in advantage in buying income-producing assets. The only possible output of this system is the rich get richer as they buy up all the most profitable and lowest-risk income-producing assets.
2. Those who can borrow virtually unlimited sums at less than 1% interest skim vast wealth by loaning the money out to everyone below the top of the pyramid at 4% (mortgages), 8% (other loans), and 18% (credit cards). This funnels much of the national income stream to those who can borrow cheap and lend the money at much higher rates.
3. Since the wealthy already own most of the income-producing assets, the easiest way to boost their wealth is to bid up those assets with cheaply borrowed money. For example, borrowing $100 million and using it for stock buybacks leverages the value of the shares by far more than $100 million."

to me this is the most important message that needs to be got out there to the public and to our public representatives.....without it,political discussion is pointless and ineffectual


RIO

there looks to be a possible buy setup here with the move from 36 down to 18 (Gann) and a complementary EW count....a spike below 18 then reverse would do the trick


Thursday, 24 December 2015

Ftse

My best guess at the moment is that we are in a bearish ABC correction from 5865 low and that C should finish around 6295 or 6355


Wednesday, 23 December 2015

http://www.maxkeiser.com/2015/12/us-now-provoking-world-war-as-pope-proclaims-this-christmas-may-be-the-last-for-humanity/

Wednesday, 16 December 2015

NY cocoa

cocoa broken some support today



mirror chart


already at the 50 % retrace and overbought....


Tuesday, 15 December 2015


potential bottoming pattern in place on the intraday chart ,Dax did hit a 618 retracement yesterday and seasonally a rally is likely




Ftse also has bottoming pattern


Sunday, 13 December 2015

http://www.safehaven.com/article/39834/gold-and-silver-problem-reaction-solution-does-not-apply-to-pms

"The Rothschild-now-globalist template for gaining control over all money, and now the world, has been create a Problem, let an adverse Reaction develop, then present the desired Solution. On a grander scale, there was the US Civil War to divide the country, then the manufactured Roaring '20s and the stock market bubble, burst when the money changers purposefully tightened the money supply creating massive margin calls and the Crash of 1929.
On a more recent level, we commented on the Arab refugee situation designed to weaken Europe, [See article], as a plan to further the New World Order. The globalists created a Problem in the Middle East. This created an [orchestrated] Reaction of fleeing Arabs to escape the US-driven destruction in their countries, most recently in Syria. The most recent offered Solution? Eliminate borders between European nations and institute EU- controlled border guards, whether any country wants them or not. Checkmate, Europe.
Let the globalists take control over your borders."

Saturday, 12 December 2015

Dax


A possible triangle....headed to support at 10 000 ?



chart from earlier in the week showing the top pattern


Ftse


Ftse should rally next week if support at 5850-5900 holds.It is very oversold.last year there was a Christmas raly that started on December 15









A new EU border force


"In the end, it may be losing control of the border that does in the European Union. You’ve read a lot about the euro, the trend toward ever more political centralisation of power, and Germany’s dominance of the eurozone. But if a super-state can’t protect its borders, member states will start acting on their own. Or start leaving.

It may all be coming to a head sooner rather than later. In Britain, the focus is on next year’s referendum. But the Financial Times reports events on the ground are moving much faster. The FT writes that:

“Brussels is to propose the creation of a standing European border force that could take control of the bloc’s external frontiers — even if a government objected. The move would arguably represent the biggest transfer of sovereignty since the creation of the single currency.”

You see. It was never about the money. The money is just a means of persuasion, or coercion if necessary."

fro Dan Denning ,Capital and Conflict 

Wednesday, 9 December 2015

Tuesday, 8 December 2015

Sunday, 6 December 2015

RRS




chart from Gary Savage showing positive divergence by the miners






Saturday, 5 December 2015

nice reversal days on Thursday...Fridays price action was strong in the US but weak in Europe,sending a conflicting message,so next week should be interesting


Sunday, 29 November 2015

Marc Faber

http://thecrux.com/marc-faber-as-global-economic-conditions-become-worse-central-banks-will-print-more-money/

Thursday, 26 November 2015

http://www.middleeasteye.net/columns/cameron-doesnt-know-what-hes-doing-so-he-shouldnt-go-war-1307233108

Wednesday, 25 November 2015

Dax

Dax almost at 61.8 retracement with negative RSI divergence


https://www.youtube.com/watch?v=aAQrTuBZELc

"Filmmaker Richard Grove of Tragedy and Hope joined me for one of the early episodes of Esoteric Hollywood to discuss the suppression of logic, reason and history in the form of mass education and social engineering. Richard and I delve deep into 9/11 monetary scams, the history of western intelligence"

Tuesday, 24 November 2015

Sunday, 22 November 2015

  http://edgetraderplus.com/anything-goes-anywhere-anytime/5-myths-regarding-the-paris-terror-attacks

5-myths-regarding-the-paris-terror-attacks

NYSE

The NYSE has a more clearly bearish chart than the narrower S&P











hmmmm "war on terror" ....?

  • In all history there is no war which was not hatched by the governments, the governments alone, independent of the interests of the people, to whom war is always pernicious even when successful.
    The government assures the people that they are in danger from the invasion of another nation, or from foes in their midst, and that the only way to escape this danger is by the slavish obedience of the people to their government. This fact is seen most prominently during revolutions and dictatorships, but it exists always and everywhere that the power of the government exists. Every government explains its existence, and justifies its deeds of violence, by the argument that if it did not exist the condition of things would be very much worse. After assuring the people of its danger the government subordinates it to control, and when in this condition compels it to attack some other nation. And thus the assurance of the government is corroborated in the eyes of the people, as to the danger of attack from other nations.
    • Christianity and Patriotism (1895), as translated in The Novels and Other Works of Lyof N. Tolstoï, Vol. 20, p. 44

Saturday, 21 November 2015

SPY










 the doji in itself is not a sell signal,just a warning ....a break below the moving aves would be actionable though,imo

FTSE

this is the future,there is a unfilled gap at 5920


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)


Monday, 16 November 2015

neckline test ?


https://www.youtube.com/watch?v=1D-9_LFPN7g&feature=youtu.be&app=desktop

Sunday, 15 November 2015

https://www.youtube.com/watch?v=SYPUC6GK7OA   the BBC.....Corbett report


https://www.youtube.com/watch?v=TJgv39GtcJ0   When False Flags dont Fly
"selling short is risky...." Amen to that brother :-)

http://blog.smartmoneytrackerpremium.com/2015/11/chart-of-the-day-189.html


Gold



Saturday, 14 November 2015

http://www.shiftfrequency.com/paris-horrible-attack/

"There is a shifting of frequency and consciousness happening on a scale that this age old system of control has never experienced before in its entire history, and that is one that grows by the day in numbers and strength, one that is on a World-wide scale, whilst the the system still uses out-dated methods of control that relies on separation and division that once worked on a local, regional, nation, and international level, by manipulating that the current media of the day.
We are now learning to rely more and more on each other for sources of information rather than relying on corporate and state (same thing really) funded entertainment media outlets that run (N)ot (E)ven (W)orth (S)eeing stories for the emotionally unstable child-minded masses consumption, who just like a child that has had there favourite toy wrenched away from them will react with pure, un”adult”erated emotional outbursts a system of propaganda that has trained the masses to do so since childhood, who become like Pavlov’s dogs that react to the ringing bell of the media and salivate with dripping emotion demanding their remedy."

also

 http://benwilliamslibrary.com/blog/?p=4561
Back online !...........had pc problems :-(

here is updated Ftse chart....not so shabby  !


Dax ....we got  a red bar sell signal but have not yet seen the expected degree of followthrough





Thursday, 12 November 2015

Having problems posting charts....the bear setups in Ftse and Dax seem to be working nicely,though the Dax is lagging Ftse,Dow etc on the downside....catchup due !

Tuesday, 3 November 2015

Jesse's gold chart.....today looks like it could be climactic,but I am not going to prejudge. There was a clear sell signal last Wednesdsay with the bearish engulfing topping tail candle




 the red bar is posted for illustrative purposes,its not a real bar ,(yet anyway :-)