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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21/11/2012
DOW hourly close above strong R point 12.840.9 could be the stumbling block for the uptrend . So far 3 hours trial with highest close at 12.840.7
DOW 15 min now. Difficulties to take out 12.840.9 on close has led the 8 MA down on this chart. I want to remind everyone of the GAP below 12.608.4 which sooner or later must be closed to give this rally security.
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