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.
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15/12/2014
OIL 2 hr 18:49. Oil has now a low at 55:88. If 55 can hold we turn on upside. However the technical picture signals a new test of the low after some profit taking.
My sell signal at 94 when oil crept out of the monthly triangle was calculated to have a target of 55 just for profit taking.
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