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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29/10/2012
DOW rallied Friday at the good GDP 2 percent news but closed lower at 13.107.2
Monday in Asia DOW has fallen to current 13.070. Weekly and daily trends are down but the 2 hour trend is sideways. The 200 MA is rising and now at 12.983 and could become a floor for now. I expect sideways trading today. Europe opens in 5 minutes.
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