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 29 April 2018


sterling weakness is helping the Ftse although Ftse250 seems not to be confirming.I had been of the opinion that the 7450 area would cap it.Next level is the 0.707 harmonic and 0.786 fibonacci  retacement
note this is the futures chart not the cash index

bearish  rising wedge pattern. We could wait for the 200 sma (yellow line) to break before making bearish commitments or break of the lower trendline

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