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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


Sunday, 18 August 2013

Cocoa

Reversing at the 61.8 fib ?


Saturday, 17 August 2013

10 yr Bond yield

chart posted by Macinfla at Danerics. As well as the fib retrace the square of 144 is in evidence with a doubling in yields (approx 1.44 to 2.88)


Sqwii  weekend update with some nice charts

http://sqwiitrader.com/weekend-outlook-for-19th-august-2013-bears-showed-up-correction-in-full-force/

Dax

The Dax seems to have glue on it :-) Maybe holding up ahead of German election ?


EDZ

Sqwii tweeted this as a play on a fall in China that he is predicting. Chart looks good.


Dow

there is some cycle confluence around the 23-24th and price support 14450 area


original post    http://chartramblings.blogspot.co.uk/2013/08/dow-jones.html

HSBC

an inside week (bearish harami ?) looks like pause before decline resumes from 3 top pattern