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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24/11/2012
DOW Friday close high above 13.000 but close below the 200 MA
DOW day now. The Friday bar took the Dow above earlier strong R points. Next R is the falling 34 and 50 MA's. All the global indexes performed the same so right now I expect further upside if Fridays high can be taken out.
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