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

Sunday 16 July 2017

Dow Jones Industrials

the Dow spent months trying to break 18000.On Friday it finally hit 21600,which is the next Gann level higher on the square of 360 (think 1800 + 360 =2160,or 5 x 360 to 6 x 360)
216 is also 1.5 x 144

Now we need to await confirmation that Fridays bar was an exhaustion (which,of course is by no means assured,merely a hypothesis) At the end of Feb there was an exhaustion bar followed by an inside bar and the signal would have been to short the break down below the IB low

arrows on the chart mark reversal bars

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