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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07/12/2012
NAS moves sideways on the 2 hour chart and the 8 MA will turn sideways in 30 minutes eventually stop further test of R line
NAS 2 hr chart now. The dots are the 2 hour closes. Next close is CET 07:00 when the 8 MA will turn sideways. NAS has refused to get above the resistance line at 2.658.37 and I expect the index to continue sideways for a while before eventually move on downside.
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