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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All indexes had an upside correction day about 0.70 percent Wednesday after several days of big drops which is quite normal. The daily trends are all down and awaiting Thursdays trading. So far one hour before opening in Europe Thursday only DOW and SP500 have traded in Asia. Both indexes are trying upside now with the 2 hour trends up. SP500 R point is 1.378.42, now trading 1.373.37. Dow seems to target R point at 12.906.5. DAX opened 15 minutes ago on upside with first target R point at 6.708.82. Now trading 6.704. Awaiting Europe opening in 40 minutes.