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 got a new 9 days low one hour after Europe opens. This low is below the rising 21 day MA, This has not happened since Dec 20. Yesterdays key reversal down and the falling 8 day MA can lead to a change down in the daily trend. However US traders use to lift the DOW so now it is just a waiting period how this will play out. SP500, DAX and FTSE looks the same. DOW still leads the indexes.