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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


Monday 26 December 2011

Charts from Ron Walker (thechartpatterntrader.com ).Ron points out in his video that last week's rally on light volume has turned the swing indicators like NYSI and BPI positive and that we could potentially push higher  to the next resistance levels.However we also have a bearish rising wedge on the intraday charts so the market needs to be watched carefully the next 2 weeks.It does look as if a top is very near though.




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