29/01/2015

All things considered

WARNING. The US trends are all down technically after Wednesday's low close. The 50 MA has turned down. The long sideways trend can be close to a downside break from now. Difficult situation still with rallies and drops but this is the first time 50 MA has turned down which points to a possible test of the rising 200 MA:s. SP500 has tried several times to hold crucial 2055 but not managed. This could be the beginning of the end of this long bull market so from now it is important to follow the trading. The weekly line charts points to a fast and sharp drop from now and the coming days as a possibility. The next few days will tell. This is a first Warning.

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