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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08/05/2013
SP500 day trend is up far above its 8 MA. The 2 hr trend got 8 MA slightly down but the rising 21 MA will stop any diving attempts
SP500 day 08:05
SP500 2 hr 08:05
SP500 1 hr 08:14 (added now) has put a foot on the rising 21 MA and the trend seems like it wants to try downs side but too much resistance to get through might stop any attempt now. We need a cross from any of these three big trends to move on downside.
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