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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05/12/2012
DOW cannot close 2 hr above important R point
DOW 2 hr now. The upper line is the main R point on 2 hr close and it has held so far. The bottom line shows the break down point. Now trading sideways to down but the 8 MA is rising a bit below for another few hours.
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