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
Tuesday, 26 January 2016
Ftse...short term the market broke out of the wedge in the chart shown previously.It will be interesting to seeif we can reach the 6040-5 resistance level
Gold is close to its 50 % retracement level at 1119....if stock indices can rally from here we should see gold retreat
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