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.
14/05/2013
SP500 day Tuesday morning in Asia. So far the daily trend is moving sideways below the high Wedge channel. A new high at 635.70 was made Monday. So far the trend moves according to plan. Today comes a new critical day with the top channel at around 640 which can be hit. There is also a chance that Monday's close will hold. If that happens the 8 MA will loose steam after close tonight. A new very exiting day is under way. Got a very small short position at 635.17.
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