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.
SP500 weekly chart 22 weeks to compare with the DOW below
Since you now know how to interpret the 8 and 21 MA's here is the SP500 the same chart as the DOW below. It looks more or less the same and will always react the same as the DOW. But you also see the small differences. The 8 MA for instance is not as steep upward as the Dow's 8 MA.