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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SP500, DOW and DAX unable to hold strength.
SP500 closed below first R point at 1.314.99, after last hour selling in New York. Daily trend still down and 2 hr is sideways. Could break on downside tomorrow.
DOW, the same thing as SP500 and the close at 12.460.96.
DAX falls all the way to the days bottom after having put a foot at the break down line. Retest is over.
In ASIA at 02: 25 small movements around the close.