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.
14/04/2013
DOW 2 hr in different chart styles and a 15 min diagram to show the situation at Monday opening. The 2 hr trend is up since the 8 MA has turned up above rising 21 MA. As usual the last 30 minutes the robots managed to get the trend jump signaling a possible test of the tops. But so far there is room up to the wedge line.
DOW 2 hr line
DOW 2 hr bar
DOW 2 hr dot line with waves. The current top could be number 5 for the whole up trend and this is a double top on close or it can move higher.
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