Where are the stock markets going now

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. Click all charts.

05/02/2013

DOW is moving sideways

DOW day 14:11


Theses daily bars have been moving sideways for 6 days and the rate is currently close to the middle of today's bar. The 8 day MA is still giving strength. The next big move will come when a bar gets above the R or below the S lines on the chart. 
Posted by Olle Ahlmark at 14:23
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Olle Ahlmark
Law exam university of Uppsala 1967. My own lawfirm speciality economics. 1983 Currency and Stock market analyst at Ahlmark Analysis, Stockholm Sweden.
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