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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 29 July 2012

Bollinger line was pierced on some markets


4 comments:

  1. Those sure are two fierce candles off the BASE of the bollinger bands.

    Sure, we could be due to fall again, but hell, those are the sort of giant candles you'd look for at the start of a major new move higher.

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  2. Hi PD. Yes I just posted above on the SPY and suggested Friday was either a kickoff candle or an exhaustion.Next week should be revealing

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  3. Hi
    DAX could reach his aims from 7400 / 7600. Before all after his outbreak on Friday, after-hours.

    http://papiertrading.blogspot.de/2012/07/analyse-fur-31-kalenderwoche.html

    I have there translation

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  4. Interesting blog Paul,thankyou

    ReplyDelete