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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


Wednesday 29 August 2012

SPX


coming to the end of the wedge (as are Ftse,Dax,Cac etc)

Edit (Sep 2) I just realised this square is not drawn correctly and should run out to the end of September,not the start.Apologies

1425 resistance :

wave 1 1074--1292= 218      218x1.618=352       1074+352 = 1426
Gann 1266 x 9/8 = 1424

2 comments:

  1. Just a couple of ideas that came to mind.

    http://3.bp.blogspot.com/-xQaHmAnB-bs/UD4J63BhIRI/AAAAAAAAAFA/657vynkgz0k/s1600/spxCR290812.jpg

    ReplyDelete