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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23/11/2012
DAX daily chart, big picture indicates to me that DAX is in an topping out process just now
DAX daily now. The index has many resistance points in today's range and also strong support at the bottom of this bar. The 50 day MA is down as well currently at 7.270.
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