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.
Click all charts.
21/10/2014
SWED close. The short trend gives a strong impression. But the monthly chart says the bull market is over for SWED. Double top and falling 8 MA are my reasons.
Month
Week. Cross on downside by 8 and 21 week MA.The first beginning of a long down trend.
Day Five waves on downside from a top in a bull market means the trend will not take out that top.
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