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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21/04/2013
SP500 technical situation on Friday close in the 2 and 1 hr diagrams.
SP500 2 hr. Channel top not broken yet. 8 hr MA is up. 50 MA is down and has crossed the 200 MA. First hours Monday will tell where the trend is heading.
SP500 1 hr. Chanel the same as 2 hr. Here is 100 and 200 MA after the cross on downside.
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