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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


Saturday 8 September 2012

Dax weekly

A marginal new high,unconfirmed by macd,with resistance just above from the long-term trendline and resistance from 7200 which is 2x the low. No sell signal yet but watch for one very soon. There is resistance at 7443 (1.5x 4962 low) and measured move resistance 7393 (first range from 4962 was 1480). 7391 is 1.25x 5913, so all in all 7390-7400 seems possible target,perhaps early next week.




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