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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06/05/2013
SP500 2 hr first contact the 8 MA falls below the price which means to me that the trend will try upside now. The 15 min trend got buy signal. This trend has support at 1.613 so I expect a test of the top at 1.618. If the top is taken next target is 1.621.
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