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

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

Monday, 14 August 2017


Saturday, 12 August 2017


FTSE seems now to have confirmed with this week's 3 week engulfing reversal candle that the break above 7354 prev ATH was a False break and we should now embark on another bear market
the 200 dma is still rising and should offer some support initially

last weeks top came on Aug 8 which is a secondary date on Gann's Emblem,being midway between Jun22 and Sep 23 (primary dates)


Tuesday, 8 August 2017

FTSE has retraced 78.6% of the 7600-7302 leg

Sunday, 6 August 2017

cable had a decent reversal on Friday....here is a stg/yen chart


Tuesday, 1 August 2017

This link was posted in thecomments section by Sea Legs,for which many thanks

An interesting astrologically based forecast of a coming revolution in money,power and banking


Sunday, 30 July 2017

important bottoms in on cocoa and coffee  ?

here is one scenario for the FTSE,using Gann Wheel levels and a measured move projection suggests a swift move down to 7225 is possible. 7225,the square of 85, is 360 degrees on the wheel from 7569 ,the square of 87. 360 degrees from the actual high is 7254.

closing above 7440 would suggest something else is happening,whilst a stronger downmove might find support at 7141 on the with 7130 area filling the gap from April

Saturday, 29 July 2017

Cadence Minerals

REM has changed its name. Rallied on news of the UK ban on petrol cars,almost exactly on the 1 year anniversary of the last big rally starting


Tuesday, 25 July 2017

Monday, 24 July 2017

great video by Stefan Molyneux


well I said last week that gold needed a good week to turn the chart round and it wasnt a bad one ( a kicker candle on the weekly ?)
Still not out of the woods but I noticed the monthly candle is looking like a bullish hammer (so far)

Sunday, 23 July 2017



clear reversal bar on daily,following break of upper BB line


Saturday, 22 July 2017


the 618 retracement did its job....LH now in place

Sunday, 16 July 2017


The Dax needs to form a lower high below 12700


it was disappointing for bears that the last 2 weeks saw no follow through,but there is a decent tail on last week's candle so we could see weakness next week. 7440 is the critical level

gold needs to do a lot of work next week to turn this bearish  weekly candle chart round.

Dow Jones Industrials

the Dow spent months trying to break 18000.On Friday it finally hit 21600,which is the next Gann level higher on the square of 360 (think 1800 + 360 =2160,or 5 x 360 to 6 x 360)
216 is also 1.5 x 144

Now we need to await confirmation that Fridays bar was an exhaustion (which,of course is by no means assured,merely a hypothesis) At the end of Feb there was an exhaustion bar followed by an inside bar and the signal would have been to short the break down below the IB low

arrows on the chart mark reversal bars

Saturday, 15 July 2017

thanks to Rider Bobo for this

Voters who live in the heartland and outside the New York-D.C. media bubbles do not care about the legacy media’s obsession with Russia.
An Iowa radio news director emailed CNN media reporter Brian Stelter, out of all people, on Thursday to tell him that conservatives in his state are “very angry” at the legacy press because they think the media are using Russia stories to “oust” and delegitimize President Donald Trump.
“They think the Trump/Russia deal is a coup attempt by the media, and don’t think there is anything to the Russia/ Trump, Jr. emails,” Robert Leonard, the news director, emailed. “They don’t understand why the media is trying to oust our duly elected president. They think there is a double standard — why isn’t anyone investigating the Clinton campaign/Russia connections? They are standing firm behind Trump.”
According to a recent Harvard-Harris poll, nearly two-thirds of Americans believe that “there exists a campaign to delegitimize” Trump.
Reporters who have gone to working-class areas in states like Pennsylvania (“Trump’s Supporters Aren’t Abandoning Him in This Pennsylvania Town”), Ohio, Wisconsin, Michigan, Kentucky and even Tennessee (“In Trump Country, Russia Scandal Doesn’t Resonate”) have all reported similar sentiments.
CNN, though, keeps focusing on Russia even though one of its anchors, Alisyn Camerota, said on Friday that she was actually experiencing Russia “fatigue.”
A Media Research Center study found, for instance, that Camerota’s CNN morning show New Day spent a whopping 93% of its airtime on Wednesday on Trump-Russia stories.

SPY ending diagonal pattern complete ?

final exhaustion ? I will be watching for  reversal signal this week

Friday saw a pop out of the upper bollinger band

Thursday, 13 July 2017


the market ran through 7400 and took out (I suspect) a load of stops....watching this possible rising wedge 5 wave structure for one final push

Monday, 10 July 2017


Doji candle on the quarterly chart

1 year low to high


Saturday, 8 July 2017

is the Dow set to follow Nasdaq's and Dax reversals ?


Wednesday, 5 July 2017



Ftse 250

Saturday, 1 July 2017

S&P topping ?

This is an update of the 30 min S&P chart from Ron Walker's public list,posted last week,with my annotations

link to Ron's list    http://stockcharts.com/public/1092905

another chart from Ron


possible count

Monday, 26 June 2017


5 tops within a 13 point range. A break of the 200 perios ma and the Ichimoku cloud line might trigger the long awaited sell-off
(original chart by Ron Walker)

This is an excellent post by Marc Horn ,explaining how the "system" works and how money creation by the banks is central to the power structure. Please copy and retweet if you find it useful


Sunday, 25 June 2017


Holding above the 50% Midpoint,also holding above 72 (2x36 low)

Saturday, 24 June 2017

Wednesday, 21 June 2017


it looks like cocoa wanted to fill those gaps after all :-) I have not given up on the idea of a developing bottom and this is one possibility. Mirror Image Foldback is a Michael Jenkins pattern