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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02/02/2015
SP500 month 11:20. The beginning of a bear market is not impossible any-more..
Month. A drop below the line at 1.930.42 and holding there makes the SP500 begin a bear market. Very simple because then the 8 MA will turn down and cannot rise for the next 8 months. The Jan close came in below this MA and is in itself a first sign of weakness.
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