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
Your Gann analysis supports my EW/Fib analysis very well. The Gann Square has monitored price nicely. Price either shoots through that 50% retrace level or goes down strongly from what looks like 5 waves down during Feb/March. Whichever way you look at it this is a powerful inflection point looming very soon that will decide the medium term direction of the *market* (Ponzi). My view is is down but it may take a few more days to reveal itself.
Your Gann analysis supports my EW/Fib analysis very well. The Gann Square has monitored price nicely. Price either shoots through that 50% retrace level or goes down strongly from what looks like 5 waves down during Feb/March.
ReplyDeleteWhichever way you look at it this is a powerful inflection point looming very soon that will decide the medium term direction of the *market* (Ponzi). My view is is down but it may take a few more days to reveal itself.