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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DOW 2hr chart zoomed in
The 34 MA seems stronger and more aggressive pushing down than the rising 8 MA, that is the reason right now that I think the break will come on downside. However, big news can always change a trend like this, but 2 hour trend is my favorite trend since many years to find out where the next move will go.