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.
Click all charts.
All indexes have accelerated in their 2 hour uptrends
The indexes are in a powerful uptrend that can go higher tonight or tomorrow. The falling 8 days MA gives R so far. The uptrends are mainly built on short covering. Here are the R points for each index.
DOW 12.967.21 and 13.005.6
SP500 1.385.71 and 1.390.12
DAX 6.771.18 and 6.790.40
FTSE 5.736.75 and 5.749