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, SP500, DAX, NAS and FTSE 56 week charts now
DOW has a four top with high closes above the 8 week MA and has just opened Monday in Asia
SP500 is also opening high above 8 week MA
DAX the same as above
NAS is on the 8 week MA and the formation so far looks like a top
FTSE has one close below 8 week MA and it is falling right now. Weekly close was 5.844. At 5856 the MA is rising and weekly trend is up but a fall and next Friday close below 5712 is very dangerous.