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 made a new high on daily close at 12.901.1. US market firm on upside since news about jobless claims and GM result. However there was no intraday test of Wednesday's high. During Friday a test of the high 12.950 may happen. The strong 200 points rally will take several hours to top out and I do not expect any tests on downside until CET 13:00 Friday.