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.
DOW June 30 2012. Charts: Monthly, Weekly and Daily charts in that order from the top.
The Monthly chart above shows that the monthly trend is up. The 8 and 21 MA's are up. For a monthly trend to get bearish the 8 MA must turn down. Now the target seems to be a test of the double top high at 13.210.