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.
10/07/2012
The big pictures of DOW, DAX, FTSE and SP500 in this order from above to down. Weekly charts 56 weeks. They all look the same regarding the rising blue 8 week MA and the falling 21 week MA with this weeks trading, the last small bar, between the MA's. These pictures tells me that the 8 MA will continue up for at least 3 weeks and the 21 weeks MA's might continue down for at least 10 weeks. The big question is if the 8 MA will cross the 21 MA on upside (bull market)or turn down before crossing ( bear market ). Every Monday morning these MA's will come closer to each other. At one point before they meet we will see what will happen next. Until then the trading might go above or below these MA:s but it will come back between them again, as long as the 21 MA is down. This will take several weeks but is one way I use to see where the next big trend will go and when. Again, it is important that the 21 MA at every moment is down.
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