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 and SP500 2 hr trend is now down
8 and 21 MA are down on the 2 hr chart. That means the 2 hr trend is down. Now trading 12.869. Resistance that could be revisited is 12.898 and support is currently the rising 34 MA now at 12.866. The low has been 12.855.