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.
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
Wednesday, 24 January 2018
on the assumption (by no means clear) that the bubble isnt already deflating,the 78.6% retracement ,coinciding with the circled gap could be an area for a low to this correction.If that level breaks my guess would be that the bubble is over
here is a more cautionary perspective from Peter Brandt