This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react.
2 hr. Here it easy to follow the work on the break down line. 21 MA is down and 8 MA up. A cross might start a trend on upside while a turn down by the 8 MA before crossing will indicate a break down below the S line
The 50 MA is down and has crossed 100 MA and will cross the 200 MA soon. Together with the falling daily 8 MA there is a strong R for upwards move at present. Very interesting to see what the US does today with the DOW.