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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 9 May 2010

QQQ's classic Gann setup


The 15/04 post identified the potential of a reversal off the 50 level.The development of a triple top on the daily bar chart then presented the classic Gann set up of a fast move from a triple at resistance

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