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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15/05/2013
SP500 daily trend since a month ago. Today's movement very small so far. Today's channel top is at 1.655 area.
SP500 day 14:17
SP500 2 hr 14:18. 8 MA has just turned down.
SP500 1 hr 14:22. The range from high to low is the first to clear today. There is technically no answer how that will play out. The 21 MA is still rising and the 8 MA above is moving sideways. See the range on the chart.
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