The weekly index charts ended the volatile week more or less unchanged. IBEX and FTSE still have sell signals and in the beginning of week June 30, the first U.S. chart, SP500 might get a weekly sell signal together with the Swedish index Swed30. Dow and DAX still lack sell signals.
The sell signals occur when the 8 week MA crosses the 21 week MA on downside and both MA:s have turned down. A Bear market signal comes when the 8 months MA is close to or have turned down.
The indexes can move sideways during the whole summer but also start falling quite soon. This blog aims to give warnings before a bear market starts. The timing is crucial and sometimes difficult to predict. And there is no guarantee that the blog will be totally correct. I am using my tools the way they have worked before earlier breakdowns and the toolbox does not only include moving averages MA, but many more observations technically and fundamentally. At this early stadium the blog only shows the main tools MA:s as the big reference. Daily moves up and down will not be commented unless there is something that could effect the big trend. That means that I only will write when there is a new factor to the big trend.
The sell signals occur when the 8 week MA crosses the 21 week MA on downside and both MA:s have turned down. A Bear market signal comes when the 8 months MA is close to or have turned down.
The indexes can move sideways during the whole summer but also start falling quite soon. This blog aims to give warnings before a bear market starts. The timing is crucial and sometimes difficult to predict. And there is no guarantee that the blog will be totally correct. I am using my tools the way they have worked before earlier breakdowns and the toolbox does not only include moving averages MA, but many more observations technically and fundamentally. At this early stadium the blog only shows the main tools MA:s as the big reference. Daily moves up and down will not be commented unless there is something that could effect the big trend. That means that I only will write when there is a new factor to the big trend.
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